According the Federal Reserve Bank of St. Louis, as of the second quarter of 2024, the top 10% of households controlled 67% of total wealth, averaging $6.9 million per household. In stark contrast, the bottom 50% held only 2.5% of the nation’s wealth, with an average of $51,000 per household. Joseph Stiglitz is renowned economist
Read More
April 23, 2025
