EconTalk this week

William Bernstein, author of A Splendid Exchange, talks about inequality with EconTalk host Russ Roberts. Bernstein is worried about it; Roberts is not. Bernstein argues that inequality is damaging to the health of low-status people and hurts the health of the economy. Roberts challenges Bernstein's empirical evidence. It's a lively conversation on the economics of status, productivity and the progressivity of taxes.