Salient to Investors: Economist Thomas Piketty excludes human capital – an individual’s labor power, skills, training and abilities – from his analysis of wealth inequality because it cannot be owned or traded on a market, but recognizes it is key to understanding inequality. Sean Reardon at Stanford said low-income kids
READ MORE... →Salient to Investors: Philip Vermeulen at the ECB said: The top 1 percent of US households owns 35-37 percent of all wealth, higher than the 34 percent finding of the 2010 US Survey of Consumer Finances. Our knowledge of the wealth distribution is imperfect, and very likely underestimates wealth at
READ MORE... →