David Leonhardt’s article “Measuring Inequality Trends during the Great Recession” fills in some of the gaps in understanding that may have lead to readers’ confusion about his arguments in previous articles. In particular, Leonhardt takes the time, here, to parse “income”: what it is, how it is counted, when it matters, etc.
Leonhardt’s article includes the following photo and caption:
Credit Associated Press.
Question 1: Is Leonhardt right? Was there “little research interest in income inequality and problems of the middle class” prior to the recent recession?
Question 2: What is the distinction between a focus on poverty and on inequality?