The Data Behind Wealth Inequality in America | Average vs. Median Wealth

What is wealth inequality? How do we understand the concept of the rich getting richer, and the poor getting poorer? In this video, I explain how you should be thinking about the change in average and median (or middle) wealth of people over time. I use real data about the last 30 years of American wealth to explain how economic inequality is ballooning.

I do this all without ever using any fancy jargon or any complex math. I focus on intuition and and insights to help you get an intuitive understanding of complex, important, and timely topics in statistics, data science, and data analytics.

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Equipment Used for Filming:
Nikon D7100:
Yeti Microphone:
iPad for Teleprompter:
Camtasia for Video Editing: