Earlier quoted context omitted.
You'd think, but as it turns out, inequality has strong negative effects to the point that even the rich in an inequal country do worse than the more poor in a more equal country. TED talk about it: http://www.ted.com/talks/richard_wilkinson.html
I haven't seen either talk, but I am really curious now about why TED would post Wilkinson's talk but not Hanauer's, if they both address the subject income inequality.
From reading the transcript of Hanauer's, Wilkinson's talk is just way better. He has A LOT of actual data, in fact the whole talk is data, data, data, on obesity, happiness, violence & homocide, lifespan, infant mortality, trust, teenage pregnancy, addiction, child wellbeing, mental illness, highschool dropout, social mobility; all on a country level and on a US state level. He also shows that inequality is the problem and that GNP per capita hardly matters ... while Hanauer's talk is 99% rhetoric. Even though the message is roughly the same, Wilkinson's talk definitely is a lot more objective rather than subjective political assertions, so it's a lot harder to argue that he's simply pushing a political agenda.