Malcolm Gladwell: A History of Income Inequality

Top-earning Americans faced a 91% income tax rate during most of the 1950s when America enjoyed low inflation and rising economic opportunity in the most powerful national economy the world had ever seen.

So the answer to America's current economic demise is drastic tax reduction for the super-rich. Right?

FORA Oct 2010 | Best-selling author Malcolm Gladwell discusses America's dramatically changing notions of wealth and income inequality since the mid-20th century. Gladwell notes that top-earning Americans faced a 91% income tax rate during most of the 1950s. "What's amazing is that, if you even bring this up now, people don't believe you," he says.