Episode 36: Kenya’s Middle Class
This week, we’re gonna talk about Kenya’s middle class, or what I like to call Schrodinger’s middle class – you know, the guys powerful enough to cause the price fluctuation of goods through their tweets, while not being powerful enough at the ballot box to cause change through their votes. What is the middle class? Who is a middle class person? Why does this matter? Press play to find out!
Resources
Estimation of Size of the Middle Class and Main Characteristics
Estimation of the Middle Class (short version)
Why middle class Kenyans are living a lie
East Africa’s growing middle class hits 29 million
The historic roots of the middle class
Kenya registers high income gap
Number of Kenyan super earners shrinks as income gap grows
The American Middle Class, Income Inequality, and the Strength of Our Economy