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Likewise, many other affluent nations — including Germany and the Scandinavian countries — have much less inequality than the United States, a higher quality of life and living standard for its typical working family, and faster growth.
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It's just as rich as we are; its people, on the whole, are happier and healthier than we are; it has much less crime, poverty, and inequality than we do.
Piketty wrote a long response in which he defended his book, although he also conceded that "available data sources on wealth inequality are much less systematic than what we have for income inequality".
Let me also say that I certainly agree that available data sources on wealth inequality are much less systematic than what we have for income inequality.
This follows from the fact that available data sources on wealth inequality are much less systematic than data sources on growth, wealth-income ratios and income inequality.
But another form of inequality, political inequality, has received much less attention.
There has been much less attention paid to growing inequality in life expectancy, which is really quite dramatic".
From Figure 6, one can see that the needed control strength value is much less than that calculated by inequality (7) in the above example.
Although the effect of business cycles on income-related health inequalities has received much less attention, Ásgeirsdóttir's and Ragnarsdóttir's recent study [40] does focus on income-related inequality in health in Iceland using data from 2007 to 2009, a year pre and post the Icelandic economic collapse.
Meanwhile, other forms of segregation such as in the labour market or inequality are given much less attention.
But, in their ideal world, they underestimate the true extent of inequality and want much less than actually exists.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com