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The Data Behind Wealth Inequality in America | Average vs. Median Wealth - Net Worth Percentile

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What is wealth inequality? How do we understand the concept of the rich getting richer, and the poor getting poorer? In this video, I explain how you should be thinking about the change in average and median (or middle) wealth of people over time. I use real data about the last 30 years of American wealth to explain how economic inequality is ballooning. I do this all without ever using any fancy jargon or any complex math. I focus on intuition and and insights to help you get an intuitive understanding of complex, important, and timely topics in statistics, data science, and data analytics. Learn more about who I am and why I'm doing this here: - Follow me at: LinkedIn: - Patreon: - Equipment Used for Filming: Nikon D7100: - Softlight: - Yeti Microphone: - iPad for Teleprompter: - Camtasia for Video Editing: -

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Are You In The Top 1 Percent

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