Institutions That Bind Can Also Divide
Inequality is often the outcome of processes regarded as fair. Yet advantages acquired fairly in one sphere—economic, educational, or political—rarely remain confined to the domain...
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Inequality is often the outcome of processes regarded as fair. Yet advantages acquired fairly in one sphere—economic, educational, or political—rarely remain confined to the domain...
Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.
The United States has great economic inequality, but the American narrative is that upward mobility is not only possible but the normal order of things. This narrative has many com...
About 10 years ago, the big topics that had economists all atwitter included the “secular stagnation” hypothesis put forward by Lawrence Summers and the rising-inequality hypothesi...
Nitty gritty data on how the rich are pulling away from everyone else, too politely called a K-shaped economy. That is setting in nationwide.
Wealth inequality keeps widening in 2026, and the causes are built into the economy’s plumbing. Tax law, monetary policy, housing markets, inflation, and corporate governance all p...
This paper documents new facts about concentration in publishing in economics. First, the profession grows downward . The number of economists grew almost sixfold since 1990, but n...
Earlier this month, Treasury Secretary Scott Bessent publicly attacked the former labor secretary under President Clinton, Robert Reich. Reich wrote in a post online that “Trump Tr...
There is a silent question that walks through every city, every village, and every economy. It is a question that statistics alone cannot answer. Why do some families wake up every...
Mohammed Anwar Al BalushiWhenever I write about economics, a few words repeatedly come to my mind: capitalism, socialism, poverty, the middle class, wealth and inequality. These ar...
A high-profile panel found a clear and consistent link between a nation's level of economic inequality and how it performed during the COVID-19 and AIDS pandemics.
Marta M Elvira of the University of Navarra, Nils Neumann of the University of Michigan and Olivier Godechot of Sciences Po discuss the impact of a city’s financial market on the w...
Money moves in patterns. Those patterns come from psychology, from access, and from the different pressures that scarcity and comfort place on the human mind. None of this is about...
Poverty is not a fact of nature. It is a political choice. The UK considers a person to be living in poverty when their income Read the full article...
Inequality: The View from Manywheres by Séamus Power explores competing perspectives on economic inequality, capitalism and social mobility through a lens of anthropology and cultu...
India’s economic transformation has produced remarkable growth, but it has not distributed opportunity equally. Alongside new industries, rising markets and expanding infrastructur...
Young people are beginning to realise something that previous generations rarely had to face: the economic system no longer works for them. In this video, Read the full article...
It does better at creating conditions where people can find a job, scoring about 75%, ranking 10th.
A new Fraser Institute report finds Canada's top earners saw only a marginal rise in income share between 1982 and 2022
Does the fact that there's debate over the morality of extreme wealth inequality further demonstrate the need to eradicate billionaires?
A new book about the meaning of money argues for how to use finance to create a more equitable economy.
We use more than 900 million linked employer–employee records covering the entire formal workforce of Brazil to examine when cities provide upward mobility for the initially poor....
An ageing society and a widening income gap threaten Hong Kong’s social fabric. In the last of a five-part series on the city’s five-year plan, we look at what can be done to addre...
At a time when many Americans remain stressed about affordability, Treasury Secretary Scott Bessent has declared that the U.S. economy is no longer in a "K shape," a term used to d...
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