Pitchfork Economics with Nick Hanauer
Pitchfork Economics with Nick Hanauer
Civic Ventures
The $79 Trillion Price of Inequality (with Carter Price)
43 minutes Posted Mar 24, 2026 at 4:45 pm.
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Show notes
Over the last 50 years, nearly $79 trillion that could have gone to the bottom 90%…didn’t.
Where did it go—and what did that cost you?
Nick and Goldy are joined by Carter Price, senior mathematician at the RAND Corporation, to break down how rising inequality reshaped wages, growth, and even the federal budget—and why the economy feels so disconnected from everyday life. Because this isn’t just about who got richer. It’s about what everyone else lost.
Carter Price is a Senior Mathematician at the RAND Corporation and Professor of Policy Analysis at the RAND School of Public Policy
Social Media:
@CarterCPrice
Further reading: 
Measuring the Income Gap from 1975 to 2023
RAND Budget Model: Groundbreaking insights into the everyday impacts of federal policy
Unlocking the Tax Code with RAND's Tax Code Analysis Tool
Preliminary Strategies for Reducing the Burden of Federal Debt
Impacts of the Retirement Savings for Americans Act
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