Caroline Freund is a senior fellow at the Peterson Institute for International Economics.
Articles by
Caroline Freund
NEW YORK - SEPTEMBER 28: A business man gets out of a town car on September 28, 2010 in New York City. A new report released by the U.S. Census Data shows that the income gap between Americans is greater than at any other time on record. The report found that the top-earning 20% of Americans received 49.4% of the country's total income. Conversely, those living below the poverty line earned 3.4% of the national income. This is the highest disparity of wealth among all Western industrialized nations. (Photo by Spencer Platt/Getty Images)
