While much of the economics profession spent the weekend in Philadelphia discussing Larry Summers’s “secular-stagnation” thesis and other issues at the annual meeting of the American Economic ...
In 2014, the French economist Thomas Piketty’s Capital in the Twenty-First Century became an international sensation, reshaping the inequality debate and launching its author into superstardom.
Today's hyperpartisan and frequently negative news cycle ignores one significant and uplifting story: the precipitous decline of global inequality. It's a subject that deserves our attention, for it ...
The planet’s richest 1% have stolen all the money. That’s pretty much the bottom line suggested in a new report on inequality from Oxfam, the international anti-poverty organization. (And just in time ...
Rising wealth inequality within countries has helped to spur increases in global wealth inequality. If we assume the world trend to be captured by the combined experience of China, Europe and the ...
The global increase in income and wealth at the upper end of the scale is particularly worrying. The very richest people are ...
This month’s G20 Summit in Johannesburg marked several historic firsts. For starters, it was the group’s first-ever summit in Africa, and the first to include the African Union as a full-fledged ...
Milanovic, a former World Bank official and an authority on global inequality, attributes the recent rise of inequality within the United States and other countries to technological advancement and ...
Dozens of protestors call for an end to fossil fuel investments and IMF debt for low-income countries during the annual meetings of the IMF and World Bank in Washington DC, U.S., in October 2024 The ...