Should We Be Concerned With Income or Wealth Inequality?

The video covers various topics including the oil market trends, the convening of a new Congress, and insights from the American Economics Association conference. It highlights discussions on Brazilian telenovelas' role in development, the impact of Gangnam Style on a South Korean company's market cap, and debates on income versus wealth inequality. The video also touches on voter perceptions of wealth inequality and features economists' views on these issues.

What is the relationship between income inequality and wealth inequality as discussed?

• Income inequality leads to wealth inequality

• Wealth inequality leads to income inequality

• They are unrelated

• Both are equally important

What was the reaction of voters towards wealth inequality according to the text?

• They find it tolerable

• They find it slightly less tolerable

• They are indifferent

• They support it