Jacob Jefferson

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Concretely, these results also indicate that throughout this period, and for all the cohorts born between 1910 and 1960, the top centile of the income hierarchy consisted largely of people whose primary source of income was work. This was a major change, not only because it was a historical first (in France and most likely in all other European countries) but also because the top centile is an extremely important group in every society.
Capital in the Twenty-First Century
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