Income Inequality Is Not Rising Globally. It's Falling.

Tyler Cowen writes in the New York Times: "Income inequality has surged as a political and economic issue, but the numbers don’t show that inequality is rising from a global perspective. Yes, the problem has become more acute within most individual nations, yet income inequality for the world as a wholehas been falling for most of the last 20 years. It’s a fact that hasn’t been noted often enough."