Another way in which real data can mislead. The attached chart seems to indicate that Boomers are much richer than Gen X and they are richer than millennials.
However, converting this to per-person makes the difference go away entirely!
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Are Millennials much poorer than prior generations were at the same age? A viral chart appears to show this, but it looks at the share of national wealth going to each generation
What if we put it in per capita terms? A very different picture!
economistwritingeveryday.com/2021/09/01/who
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