On income inequality, Andrew Coyne misses the mark
Andrew Coyne marshals an impressive range of statistics to make the case that rising income inequality is not a serious issue. A careful reading of his article shows that this is not the case.
As Coyne himself agrees, top incomes (incomes of the top 20%) rose much faster than those of middle and lower income groups for two of the last three decades. Things got worse over the 1980s and 1990s, and then there was a change, of sorts....