¹ United States Census Bureau, “Historical Income Tables: Household,” http://www.census.gov/hhes/www/income/data/historical/household.

² United States Census Bureau, “Current Population Survey,” http://www.census.gov/hhes/www/cpstables/032012/hhinc/hinc01_000.htm.

³ Cox, W. Michael and Alm, Richard, Myths of Rich and Poor: Why We’re Better Off Than We Think (New York: Basic Books, 1999).Google Scholar

⁴ United States Department of Treasury, “Income Mobility in the U.S. from 1996 to 2005,” http://www.treasury.gov/resource-center/tax-policy/Documents/incomemobilitystudy03-08revise.pdf.

⁵ Díaz-Giménez, Javier, Glover, Andy, and Ríos-Rull, José-Víctor, “Facts on the Distributions of Earnings, Income, and Wealth in the United States: 2007 Update,” Federal Reserve Bank of Minneapolis Quarterly Review 31, no. 1 (2011): 2–31.Google Scholar

⁶ Julia B. Isaacs, “Economic Mobility of Families Across Generations,” http://www.brookings.edu/∼/media/research/files/papers/2007/11/generations%20isaacs/11_generations_isaacs.pdf.

⁷ Scott Winship, “Has Rising Income Inequality Worsened Inequality of Opportunity in the United States?” in the present volume.

⁸ “Statistical Abstract of the United States: 2009” http://www.census.gov/compendia/statab/.

⁹ Russ Roberts, “Inequality and Stagnation,” http://cafehayek.com/2012/02/inequality-and-stagnation.html.

¹⁰ Don Boudreaux, “We’re Much Wealthier,” http://cafehayek.com/2006/08/were_much_wealt.html.

¹¹ W. Michael Cox and Richard Alm, Myths of Rich and Poor, 55.

¹² Cox and Alm, Myths of Rich and Poor; Don Boudreaux, “Working for Sears,” http://cafehayek.typepad.com/hayek/2006/01/working_for_sea.html; Mark Perry, “When it Comes to the Affordability of Common Household Goods, the Rich and the Poor are Both Getting Richer,” http://www.aei-ideas.org/2013/10/when-it-comes-to-the-affordability-of-common-household-goods-the-rich-and-the-poor-are-both-getting-richer/.

¹³ Mark Perry, “When it Comes to the Affordability of Common Household Goods, the Rich and the Poor are Both Getting Richer.”

¹⁴ Cox and Alm, Myths of Rich and Poor.

¹⁵ Don Boudreaux, “Working for Sears.”

¹⁶ Cox and Alm, Myths of Rich and Poor, 26.

¹⁷ United States Census Bureau, “Extended Measures of Well-being: Living Conditions in the United States, 2005,” http://www.census.gov/population/www/socdemo/extended-05.html.

¹⁸ Hassett, Kevin and Mathur, Aparna, “A New Measure of Consumption Inequality,” AEI Economic Studies (Washington, DC: American Enterprise Institute, 2012)Google Scholar: 1, http://www.aei.org/files/2012/06/25/-a-new-measure-of-consumption-inequality_142931647663.pdf (2012).

¹⁹ Ibid.

²⁰ Hayek, F. A., The Constitution of Liberty (Chicago: University of Chicago Press, 1960), 43–44.Google Scholar

²¹ Zywicki, Todd J., “An Economic Analysis of the Consumer Bankruptcy Crisis,” Northwestern University Law Review 99 (2005): 1463–1542.Google Scholar

²² Emmanuel Saez, “Striking it Richer: The Evolution of Top Incomes in the United States (Updated with 2012 preliminary estimates)” http://elsa.berkeley.edu/∼saez/saez-UStopincomes-2012.pdf.