It has become fashionable in recent years to downplay the growth of income and wealth inequality in the developed world, especially in the United States — and also its consequences. It’s not ...
The hottest curve in economics right now helps explain the rise of China, the rise of populism in Europe and the rise of Donald Trump. From a global perspective, income inequality has gone down. But ...
Even early on in the pandemic, it was clear that the economic effects of COVID-19 shutdowns would not affect everyone equally. Instead, they highlighted stark inequalities in our world, with some ...
French economist Thomas Piketty, best known for "Capital in the 21st Century," has been speaking for the past year about findings from the 2018 World Inequality Report, which he coauthored. He said ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. It’s no secret that the United States has a glaring—and growing—problem with ...