Consider this shocking statistic on income inequality: The eight richest men on earth control as much wealth as half of the global population, or the poorest 3.6 billion people. While those are global ...
Or if that's too ambitious a goal then how about how to reduce inequality in America? Now, I have to admit, that inequality really isn't one of those things that I worry about very much. Poverty is, ...
The self-styled brightest minds of our generation don’t seem to want to touch one of the greatest challenges of our time. In a world where the richest 1% owns half the wealth in the entire world, ...
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WASHINGTON >> Tight labor markets shrink income inequality by causing employers to bid up the price of scarce labor, so policymakers fretting about income inequality could give an epidemic disease a ...
Earnings inequality in America has increased since 1979 — that much we know. But why and what to do about it is murky — in part because we’re not all talking about the same group of people when we ...
Tim Smeeding, a professor of public affairs and economics at the Institute for Research on Poverty at the University of Wisconsin — Madison, has a few ideas on how to solve income inequality in the US ...
Paul Constant is a writer at Civic Ventures and the cohost of the "Pitchfork Economics" podcast. He spoke with professor Oded Galor, who wrote a book about the history of wealth inequality. Galor said ...
I often start the first-year managerial economics classes I teach by showing a graph to my MBA students (see below). It shows that in 1951, middle-income Indians (from the middle 40 th percentile, ...