Analysts will be watching the Bank of England closely this Thursday for any hints about its plans to raise interest rates. But despite rumours of … Latest wealth data shows disproportionate gains to the rich during era of QERead more
Inequality
What Is the True Cost of Inequality?
The 12 months that ended this past summer, suggests the just-released annual Global Wealth Report from the Swiss bank Credit Suisse, ought to be cause … What Is the True Cost of Inequality?Read more
We must end global oligarchy
One of the major, untold stories of our time is the rapid movement toward global oligarchy, in which just a handful of billionaires now own … We must end global oligarchyRead more
To Address Inequality, Let’s Take on Monopolies
Most Americans know that our country has become extremely unequal. They may not know that the richest 0.1% of Americans own as much wealth as … To Address Inequality, Let’s Take on MonopoliesRead more
How digital technology drives inequality
Last week I wrote about how the circular economy could contribute to a more inclusive and equal society. Today I wanted to contrast that opportunity … How digital technology drives inequalityRead more
Millennials Fall Far Behind as World’s Richest 1% Hoard Half of Global Wealth
Anti-poverty advocates on Tuesday implored world leaders to combat the massive wealth gap described in the annual Global Wealth Report released by Credit Suisse, which … Millennials Fall Far Behind as World’s Richest 1% Hoard Half of Global WealthRead more
Growth of inequality within racial minorities
A September 2017 report published by the Federal Reserve shows that social inequality in the US has grown to record levels over the last decade. … Growth of inequality within racial minoritiesRead more
Inequality Is Probably Costing You a Lot of Money
When political scientists Jacob Hacker and Paul Pierson released Winner-Take-All Politics in March 2011, it made headlines. The book’s vivid descriptions of how moneyed interests … Inequality Is Probably Costing You a Lot of MoneyRead more
The high costs of being poor in a rich land
The US is as divided as it has ever been. The simplest marker – which has been a topic of discussion among economists for many … The high costs of being poor in a rich landRead more