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According to a 2005 paper by economists Joshua Rosenbloom of Iowa State and Gregory Stutes of Minnesota State University Moorhead, the top one percent’s share of the nation’s wealth grew from about 28 percent in 1870 to about 40 percent in 1916.
Simplified Text
Top one percent's wealth share grew from 28 percent in 1870 to 40 percent in 1916.
Confidence Score
1.000
Claim Maker
Joshua Rosenbloom and Gregory Stutes
Context Type
News Article
Context Details
{
    "year": "2005",
    "group": "top one percent",
    "source": "paper by economists",
    "year_1": "1870",
    "year_2": "1916",
    "economists": "Joshua Rosenbloom, Gregory Stutes",
    "wealth_share_1": "28 percent",
    "wealth_share_2": "40 percent"
}
Subject Tags
Economics History
UUID
9fdb4190-a60b-40dd-80d7-ad2f9567cd8f
Vector Index
✗ No vector
Created
September 12, 2025 at 1:27 AM (4 days ago)
Last Updated
September 12, 2025 at 1:27 AM (4 days ago)

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