17 Things We Learned About Income Inequality in 2014
No fewer than three Nobel Prize winners have done work similar to Piketty’s, and yet for some reason he was the one to become identified with the topic of wealth inequality. Even though Capital was so deeply researched that it’d be foolish to call its success entirely a fluke, it’s undeniable that Piketty gave 2014’s book-buying public what it wanted: a well-dressed, well-educated European alternative to an Occupy movement that is still aimless and now rundown.
.. In 2013, median income for a white household was $58,270, according to Census data. For Hispanics it was $40,963 and for blacks it was only $34,598. One minority group bucks the trend: Asians. In 2013, median earnings for Asian households was $67,035, surpassing the median income of all households.