Building a Better America—One Wealth Quintile at a Time

  title={Building a Better America—One Wealth Quintile at a Time},
  author={M. Norton and D. Ariely},
  journal={Perspectives on Psychological Science},
  pages={12 - 9}
  • M. Norton, D. Ariely
  • Published 2011
  • Sociology, Medicine
  • Perspectives on Psychological Science
  • Disagreements about the optimal level of wealth inequality underlie policy debates ranging from taxation to welfare. We attempt to insert the desires of “regular” Americans into these debates, by asking a nationally representative online panel to estimate the current distribution of wealth in the United States and to “build a better America” by constructing distributions with their ideal level of inequality. First, respondents dramatically underestimated the current level of wealth inequality… CONTINUE READING
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