‘What’s the difference between income and wealth?’ and other common questions about economic concepts
Economic concepts aren’t always as understandable to the rest of us as they are to economists, and the jargon can be difficult to parse.
Numbers, Facts and Trends Shaping Your World

Former Research Analyst
Katherine Schaeffer is a former research analyst at Pew Research Center. She has a master’s degree in international development, focusing on urban affairs and planning, from the University of Pittsburgh Graduate School of Public and International Affairs and holds a bachelor’s degree in journalism from Kent State University. Prior to joining the Center, she worked as a newspaper reporter covering public education, and she still writes frequently about trends in the U.S. education system.