The richest 10 percent of the world’s population now owns three-quarters of all personal wealth, according to the newly released World Inequality Report 2026. Income is not much different, where the ...
Income inequality in the United States has become a defining issue of our time, with the gap between the rich and the poor expanding significantly over the past few decades. This growing divide is not ...
U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...
Raising the minimum wage can help address economic inequality, but support has declined as the gap between rich and poor has increased, according to new research from the School of Management.
Income inequality is one of the most important measures of economic health, social justice and quality of life. More reliably trackable than wealth inequality, which was recently given a gloomy report ...
AMES, Iowa – Job growth in the retail and service sector has not matched the wages of manufacturing and other middle-skill level jobs lost over the past decade in Iowa. The difference has contributed ...
Lane Kenworthy’s Dec. 14 Ideas essay, “Almost everything you’ve heard about inequality is wrong,” offers a useful challenge to the popular belief that reducing income inequality is a cure-all for ...
There are competing narratives about artificial intelligence’s impact on inequality. Some argue AI will exacerbate economic disparities, while others suggest it could reduce inequality by primarily ...
A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a ...
Imagine society as a ladder with 10 rungs. Where would you place yourself? That answer reflects your subjective social status—where you see yourself in society. Importantly, this is not necessarily ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. More so than perhaps every other wealthy, highly ...
Our eLibrary offers over 25,000 IMF publications in multiple formats. This paper uses both macro and household-level data to examine the relationship between digital financial inclusion, measured by ...