Has there been a $50 trillion wealth transfer to the rich...

What this episode covers

Bernie Sanders says a vast amount of wealth - $50 trillion - has moved from 90% of the population to the wealthiest Americans since the 1970s. The figure comes from a study by Carter Price, a senior mathematician at nonprofit research institute the RAND Corporation.Tim Harford speaks to Carter to understand how he calculated his figures and what they really mean.If you’ve seen a number in the news you think we should take a look at, email [email protected] Presenter: Tim Harford Producer: Nicolas Barrett Series producer: Tom Colls Sound mix: Giles Aspen Editor: Richard Vadon

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How long is this episode of More or Less?

This episode is 8 minutes long.

When was this More or Less episode published?

This episode was published on November 15, 2025.

What is this episode about?

Bernie Sanders says a vast amount of wealth - $50 trillion - has moved from 90% of the population to the wealthiest Americans since the 1970s. The figure comes from a study by Carter Price, a senior mathematician at nonprofit research institute the...

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