Bruce Meyer on Income Distribution
By Arnold Kling
Outstanding podcast with Russ Roberts. I did not expect to listen to much of it, but I wound up listening to all of it. Important tidbits include the fact that poor people tend to under-report income in surveys. This makes measuring their income particularly difficult, since they do not have to file tax returns, which otherwise would be a useful measure of income.
What I find most interesting is that Piketty and Saez are famous in the profession. Meanwhile, until this podcast, I had never heard of Meyer, who seems to know at least as much about the topic of inequality as they do. Is that my oversight? Is Meyer cited as often as Piketty and Saez? If not, why not?