The Rich Are Back in the Saddle

The following two charts are taken from The New Yorker, which took them from the work of Thomas Piketty et al who have written “Capital in the Twenty-first Century,” a book that has generated a lot of interest and comments. I apologize for the charts being small, but c'est la vie. The first chart looks at the share in our national income of the upper 10%, the second the 1%.