From 2013 to 2016, the top 10% of U.S. households increased their share of total wealth from an amazing 75.3% to a stunning 77.2%. LM Otero / AP “The one who dies with the most toys wins.” “Them that ...
The world is richer than it has ever been, but the way in which we create wealth has changed. Should we be using our wealth more productively? That question emerges starkly from research we have just ...
Ever since Adam Smith wrote "The Wealth Of Nations" almost 250 years ago, economists have puzzled over why some countries grow rich while others stay poor. Today, three economists won the Nobel Prize ...
The Nobel economics prize was awarded to Daron Acemoglu, Simon Johnson and James Robinson, who provided new insights into why there are such vast differences in prosperity between nations. Acemoglu ...
Elon Musk’s wealth has surpassed $200 billion. It would take the median U.S. worker over 4 million years to make that much. Wealth inequality is eating this country alive. We’re now in America’s ...
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