the increase in wage inequality in the United States is due mainly to increased pay at the very top end of the distribution: the top 1 percent and even more the top 0.1 percent. If we look at the entire top decile, we find that “the 9 percent” have progressed more rapidly than the average worker but not nearly at the same rate as “the 1 percent.” Concretely, those making between $100,000 and $200,000 a year have seen their pay increase only slightly more rapidly than the average, whereas those making more than $500,000 a year have seen their remuneration literally explode (and those above $1
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