Scholars from the University of California at Berkeley have played a pivotal role in making income inequality a major political issue.
While Reich helped popularize the income inequality theme, much of the intellectual heavy lifting has been done by UC Berkeley economist Edward Saez and his colleagues at the university's Center for Equitable Growth.
Saez has been researching income inequality since 2003, when he co-authored a paper on the topic with Thomas Piketty, the French economist whose book Capital in the Twenty-First Century also played a key role in popularizing the income inequality issue.
The city of Berkeley's Gini score of 0.5356 places it in the top 5% of U.S. cities for income inequality.
It is also worth noting that all four are in the top 2% of UC Berkeley's salary distribution, and that Saez is in the top 1%. It could be that an effective researcher has to know his or her subject: thus to the study the top 1%, we suppose one has to be in the top 1%. Robert Reich receives somewhat lower compensation than the four CEG economists, collecting $263,592 in pay during 2014.
So if UC Berkeley economists are really opposed to income inequality and are concerned about low-paid workers, they might consider sharing some of their compensation with the teaching assistants, graders, readers and administrative staff at the bottom of Cal's income distribution.
We're not saying income inequality is a bad thing; we're not saying that Reich, Saez and other Berkeley professors should make less than they do, or that student teachers ought to make much, much more.
https://californiapolicycenter.org/income-inequality-at-uc-berkeley/
While Reich helped popularize the income inequality theme, much of the intellectual heavy lifting has been done by UC Berkeley economist Edward Saez and his colleagues at the university's Center for Equitable Growth.
Saez has been researching income inequality since 2003, when he co-authored a paper on the topic with Thomas Piketty, the French economist whose book Capital in the Twenty-First Century also played a key role in popularizing the income inequality issue.
The city of Berkeley's Gini score of 0.5356 places it in the top 5% of U.S. cities for income inequality.
It is also worth noting that all four are in the top 2% of UC Berkeley's salary distribution, and that Saez is in the top 1%. It could be that an effective researcher has to know his or her subject: thus to the study the top 1%, we suppose one has to be in the top 1%. Robert Reich receives somewhat lower compensation than the four CEG economists, collecting $263,592 in pay during 2014.
So if UC Berkeley economists are really opposed to income inequality and are concerned about low-paid workers, they might consider sharing some of their compensation with the teaching assistants, graders, readers and administrative staff at the bottom of Cal's income distribution.
We're not saying income inequality is a bad thing; we're not saying that Reich, Saez and other Berkeley professors should make less than they do, or that student teachers ought to make much, much more.
https://californiapolicycenter.org/income-inequality-at-uc-berkeley/
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