I see analysis like this all the time and it seems obvious that it's missing something, the data is telling stories that don't really match what we see in wider society.
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But are we seeing in wider society an actual disparity from the data or are people being influenced to 'feel' otherwise? That analysis is interesting as it shows data I'd not go looking for; I'm nowhere near economically savvy enough or have the time to work through it to come to those conclusions.
aug 25, 2025, 11:25 am • 0 0 • view
As best as I can tell, there is inequality but it's not something you'll find in earnings data. I think the crystalized generational inequality @ironeconomist.bsky.social mentions explains a lot here, that inequality has definitely skewed towards the already rich.
aug 25, 2025, 12:29 pm • 0 0 • view
The graph they show in the thread shows that UK wealth inequality is average by international standards.
aug 30, 2025, 7:47 am • 0 0 • view
Got quibbles with that kind of thing though: - How are these indices calculated? The wealth of the super rich is incredibly opaque. - Older UK people have lots of housing wealth which hides the issue
aug 30, 2025, 8:59 am • 0 0 • view
You can check the sources on eg Our World in Data if you’re unsure but ‘the super rich’ are sufficiently few in number I doubt they move the aggregate stats much. Housing wealth will be included. At some point though you have to accept the evidence you’re looking at
aug 30, 2025, 11:29 am • 0 0 • view