We know the United States faces challenges on the subject of inclusive growth. But how has the US performed compared to other rich countries? To answer these questions, we have to think about how we measure income growth. GDP per capita is usually the first metric people use for this purpose. Yet, growth in GDP per capita does not tell us anything about the extent to which growth is shared among the population.
INET Oxford researchers Max Roser & Stefan Thewissen look at these qusetions in their recent article on Vox. Read the full article here.