Economic Progress

The impossible question: how much inequality is too much?

People stand on a platform at a train station in Tokyo December 8, 2014. Japan's economy shrank more than initially reported in the third quarter on declines in business investment, data showed on Monday, surprising markets and backing premier Shinzo Abe's recent decision to delay a second sales tax hike. REUTERS/Yuya Shino (JAPAN - Tags: BUSINESS SOCIETY) - RTR4H2EM

The distribution of income and wealth has been changing dramatically over the last decade. Image: REUTERS/Yuya Shino (JAPAN - Tags: BUSINESS SOCIETY) - RTR4H2EM

Michael Heise
Chief Economist, Economic Research and Corporate Development, Allianz SE
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Economic Progress

Distribution of global real income growth, 1988-2008
Image: Quartz
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