Pop economist Gary Stevenson 's schtick is that that UK wealth inequality is spiralling out of control, but the data doesn't actually show that.

The top 1%'s share of British wealth has been roughly flat at ~22% for two decades and is actually low by both historical and international standards (lower than the European average, well below Germany or Sweden). Even left-leaning think tanks like the Resolution Foundation don't back Stevenson's framing. 

Despite that, Channel 4 is featuring him and his narrative in his new documentary How to Get Filthy Rich. Clearly no one had a serious look at the data.

Posted by IndividualAd4375

Leave A Reply