It’s rare for a book on economics to become a bestseller. It’s even rarer for a book by a hitherto unknown economist to reset the discussion among economists and policy-makers over a vitally important economic issue. But that’s what French economist Thomas Piketty did with the publication earlier this year of his 700-page tome, Capital in the Twenty-first Century.
Canadians “vastly underestimate” the extent of wealth inequality in Canada, but would still like to see a much more equal society, according to research carried out for the left-leaning Broadbent Institute.
Canadians drastically underestimate the country’s wealth gap but still show broad support for policies such as higher income taxes to address the problem, according to new research by an Ottawa-based think tank.
A new poll from the progressive think-tank The Broadbent Institute concludes that Canadians do not have an accurate picture of the difference between the amount of wealth controlled by the country's richest people and the amount controlled by the poorest.