Lane Kenworthy’s Dec. 14 Ideas essay, “Almost everything you’ve heard about inequality is wrong,” offers a useful challenge to the popular belief that reducing income inequality is a cure-all for ...
Noted economist Prabhat Patnaik has flagged India’s sharply rising income and wealth inequality and advocated the introduction of a wealth tax and an inheritance tax to finance a set of ...
According to new research, people underestimate inequality when they live in segregated social worlds. But when wealth is openly displayed, dissatisfaction rises fast. Year after year, inequality ...
Gilbert Gee and Annie Ro depict systemic racism as the hidden base of an iceberg 10 (see illustration in online appendix exhibit 1). 11 The iceberg’s visible part represents the overt racism that ...
The severe impact of the COVID-19 pandemic is clearly seen in the numbers: more than 3.1 million deaths and rising, 120 million people pushed into extreme poverty, and a massive global recession. As ...
The US democracy crisis is not only a matter of voting; it is also a deeply economic crisis. The sharp and growing imbalance between the wealthy and the rest of Americans dramatically alters how ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
The Nobel laureate says the COVID-19 crisis exposed our weak spots Caleb has been the Editor in Chief of Investopedia since 2016, and was announced as People Inc.'s Chief Business Editor in 2025. He ...
The number of Venezuelans in the U.S. has more than doubled in five years, to about 1.2 million. That makes Venezuelans the fastest-growing Hispanic group in percentage terms, far ahead of Ecuadorians ...