Why do some people earn so much more than others with ostensibly similar skills and experience? And why has income inequality been growing so rapidly in recent decades?
In this installment of our Seminar Series, economist Robert Frank of Cornell argues that it is the distribution of opportunities, not the distribution of talent, that has been changing. He describes forces that have contributed to this trend and general conditions under which those forces have steered too much talent into some fields and too little into others.
View presentation slides (PDF)