Paul Johnson, Director of The Institute for Fiscal Studies, gave a talk at the Oxford Martin School where he drew on the extensive work of the IFS Deaton Review of Inequalities to look at how inequalities in earnings, incomes, wealth, and education have changed over time, as well as at inequalities between different sexes, ethnic minorities and age groups.

He asked to what extent these inequalities might matter from a public policy point of view, and what we might do about them. How they develop over time, and attitudes and policy towards them, will be fundamental in shaping the future of the UK.