While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...
Income inequality is starker than ever — or so we’ve been told. New research by economists Gerald Auten and David Splinter indicates that the prevailing narrative of runaway inequality is not as ...
An entrance to Michigan State University, located in East Lansing, Michigan. East Lansing has one of the highest rates of income inequality out of some of America's biggest college towns. Over the ...
When economists track inequality, they typically focus on income and spending. But a significant share of the services that families actually consume – meals cooked at home, child care, housecleaning ...
Everyone knows that inequality has gotten out of hand in the United States. Thanks largely to the work of three now-famous economists—Thomas Piketty, Emmanuel Saez, and Gabriel Zucman—it’s probably ...
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 ...
In the game of housing crisis Rochambeau, we play with income, inventory, and policy. Inventory cannot beat inadequate incomes, but better compensation policies can. In the late 1980s, someone at The ...
Early morning magenta light illuminates clouds and the Moulton Barn on Mormon Row at the foot of the Grand Tetons near Jackson, Wyoming. Teton County, home to the affluent and famous Jackson Hole, has ...
Branko Milanović’s century-spanning intellectual history of inequality in economic theory reveals the ideological reasons behind the field’s resurgence in the last few decades. Branko Milanovic, 2017.
The level of economic inequality in the city of Santiago in Brazil is evident along the border of a high-density, low-income favela neighborhood next to high-rise ...
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