Federal Reserve Chairman Jerome Powell should know better by now. "As techonology evolves, it requires rising skills on the part of the people," Powell told CBS' 60 Minutes in an interview. Berkeley economist Gabriel Zucman estimates as much as a 10% of world GDP is stashed away in tax havens. "The growing inequality of note is that between the top (or very top) and everyone else. The chart below illustrate the phenomenon—educational attainment has clearly not been a major contributor to rising inequality.

Source: Forbes March 18, 2019 15:44 UTC