Adam Nash has a good post on wealth inequality:

…Every year, we pull the most recent data from the US Census on household wealth, cut by age.

…invariably, the students’ initial response is a reaction to the apparent disparity in wealth between households based on age.

For many students, it just doesn’t seem fair at first blush. Households between the ages of 65 to 69 have a median net worth that is 9.83x that of households under 35. You can almost hear their cries, “the Baby Boomers are hoarding all the wealth!”

Almost all of the graph, however, is aging! Nash considers a totally equal society called Equal Land .…