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Owen Zidar

Professor of Economics and Public Affairs, Princeton University

Verified interview transcripts, podcast appearances, and direct quotes from Owen Zidar, Professor of Economics and Public Affairs at Princeton University. AI-verified speaker identity with full-text searchable transcripts.

Recent appearances

  • 3 Million Americans Got Rich From Boring Businesses. Here's How | Owen Zidar & Eric Zwick

    Buy a retiring owner's business or build your own? Find the ownership path that fits your money and risk 👉 https://affordanything.com/fiire Roughly 3 million Americans who own private businesses — car dealerships, beer distributors, dental practices — are collectively worth more than ten times the entire Forbes 400. Most of them didn't start rich, and you've probably never heard of a single one. Economists Owen Zidar (Princeton) and Eric Zwick (University of Chicago Booth School of Business) spent more than a decade linking anonymized tax records to the people who own America's private busin…

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  • The Hidden Fortunes on Main Street America: A Live Conversation with Owen Zidar, Princeton Universit

    A recording from Julian Zelizer's live video https://julianzelizer.substack.com/p/...

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  • Forget Silicon Valley — Here's How Americans Actually Get Rich

    Today on Prof G Markets, Ed Elson is joined by Owen Zidar and Eric Zwick to unpack their research on the “Everywhere Millionaire”. They explain how pass-through businesses work, why the tax code disproportionately benefits their owners, and how policymakers could close some of these loopholes. They also explore how AI is changing entrepreneurship in America and what it all means for the future of the American dream. Owen Zidar is a Professor of Economics and Public Affairs at Princeton University. Eric Zwick is the Joel F. Gemunder Professor of Economics and Finance at the University of Chica…

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  • The Everywhere Millionaire: Who the Rich Are & What It Means for Economic Policy

    Drawing on a decade of research with administrative tax data and their new book, Owen Zidar, Professor of Economics and Public Affairs at Princeton University, and Eric Zwick, Joel F. Gemunder Professor of Economics and Finance at the University of Chicago Booth School of Business, discussed how private business ownership drives top incomes and why that matters for debates over taxes, inequality, and economic opportunity. The discussion was moderated by M-RCBG Director Jason Furman on Wednesday, October 21, 2026. Click to learn more: https://everywheremillionaire.com/

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  • Why America’s Real Wealth Isn’t in Silicon Valley

    Owen Zidar is a Professor of Economics and Public Affairs at Princeton University. Eric Zwick is the Joel F. Gemunder Professor of Economics and Finance at the University of Chicago Booth School of Business. In this week's conversation, Yascha Mounk, Owen Zidar, and Eric Zwick discuss why the real concentration of American wealth lies with small business owners rather than tech billionaires, and whether entrepreneurship remains a viable path to upward mobility. Please do listen and spread the word about The Good Fight. Podcast production by Jack Shields. Email: [email protected]…

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  • The “Everywhere Millionaire”: A Book Event with Owen Zidar and Eric Zwick

    “Who are the rich in America?” Princeton University’s Owen Zidar and the University of Chicago’s Eric Zwick set out to answer this question in their new book, The Everywhere Millionaire: Who Is Really Rich in America and How They Got There. Meticulously combing through data and real-life stories, they dispel misguided notions about America’s wealthy. Wall Street tycoons and Silicon Valley tech moguls are only a sliver of America’s rich. Many millionaires are small-business owners and entrepreneurs in cities and towns across America. Please join AEI’s Stan Veuger and The Wall Street Journal’s…

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  • Wealthy People Are Hiding in Plain Sight (ft. Owen Zidar) | Rational Reminder 428

    Meet with PWL Capital — https://pwlcapital.com/ PWL Team — https://pwlcapital.com/our-team/ Avoid Online Scams — https://pwlcapital.com/stay-safe-online/ Ben Felix or any PWL employee will never reach out to you on social media platforms or WhatsApp to give financial advice. These are scammers trying to commit fraud. What happens when a small group of exceptionally wealthy people holds a growing share of a country’s income and wealth? And what can economics tell us about the forces behind that concentration? In this episode, we are joined by Owen Zidar, professor of economics and public a…

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  • There's a Mind-Boggling Number of Rich People in America | Odd Lots

    In 2014, the economists Owen Zidar and Eric Zwick were asked by the Treasury to conduct a study on the tax burden of private business owners. It was tricky to figure out how much these sorts of business owners — auto dealers, contractors, the like — actually owed in taxes: After Reagan's 1986 tax reforms, pass-through businesses and other accounting tricks became widespread enough to obscure this class of wealthy Americans hiding in plain sight. The research they conducted led to their new book The Everywhere Millionaire: Who Is Really Rich in America and How They Got There, and one of their c…

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  • Owen Zidar and Eric Zwick: The Everywhere Millionaire: Who Is Really Rich in America

    Join me on Substack! Look up my name. Today I'm joined by two economists who spent a decade inside a room most of us will never see — the basement of the U.S. Treasury Department — building the first database that ever linked confidential tax records to the individual owners of America's private businesses. Episode Sponsor: Fiscal AI is a modern data terminal that gives investors instant access to twenty years of financials, earnings transcripts, and extensive segment and KPI data—use my link for a two-week free trial plus 15% off: https://fiscal.ai/talkingbillions/ Owen Zidar teaches at Pr…

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  • How do you get rich in America? Not the way you think.

    There's a big spotlight - and a lot of resistance to - billionaires, from Elon Musk to Larry Ellison. But we’re missing an under-the-radar revolution in American wealth. The country is minting far more multimillionaires than it used to: People who tend to make money in ways you might never think about, in amounts you can barely dream of. And these folks tend to be anonymous - but incredibly influential - urging politicians to shift the tax burden away from them. Will that pull the ladder up for the next generation? Princeton’s Owen Zidar, co-author of the new book The Everywhere Millionaire,…

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  • Wealth Inequality: Causes and Consequences

    Who is rich in America, and how did they become rich? What is the role of housing markets in wealth generation? How is rising inequality connected to financial markets and the macroeconomy? A panel discussion at the launch of the Stone Center on November 3, 2025 explored the causes and consequences of wealth inequality in the United States. Panelists: Atif Mian, John H. Laporte Jr. Class of 1967 Professor of Economics, Public Policy, and Finance, Princeton University Antoinette Schoar, Stewart C. Myers-Horn Family Professor of Finance, MIT Sloan School of Management Owen Zidar, Professor of…

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  • Who are the 'stealthy wealthy' and how do they make their money?

    CNN's Michael Smerconish is joined by Dr. Owen Zidar, a professor from Princeton University, to discuss the "stealthy wealthy" ...That analysis was based on the work of Owen Zidar, a Princeton University economist, and Eric Zwick, an economist at the ...

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