“Inequality has gotten much worse in the United Kingdom,” declared the Nobel laureate Joe Stiglitz when he was on Andrew Marr’s Start the Week last month (clip below). It’s one of those things that ‘everyone knows’ which is (to put it politely) not supported by the data. The latest inequality data came out today, taking us up to 2013/14. There are various measurements, but you get the overall picture (above). As David Cameron said in Prime Minister’s Questions yesterday, inequality is lower than the levels inherited under Labour. There has been a lot of talk about surging economic inequality recently, and lot of books about the problem. But not much evidence.
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