Education and Human Capital
In this episode, we speak with Manasi Deshpande, who currently works at the Institute as a postdoctoral research fellow leading up to joining the UChicago Economics Department as an assistant professor in the fall of 2016.
It’s a well-documented and much-discussed fact that income inequality is growing, especially at the top of the distribution. What’s surprising and hard to explain is the rapid pace of that growth.
The teenagers in an economics class at the University of Chicago Laboratory School paid close attention when economist Kevin Murphy came to speak—perhaps because he was talking about their future incomes.
A 2014 report by the AFL-CIO stated that in 2013, American CEOs were paid an average of $11.7 million per year.