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In any capitalist economy, some level of income inequality is to be expected — but when the gap between the rich and the poor ...
More so than perhaps every other wealthy, highly developed country, the United States stands out on the world stage for its ...
Zero represents perfect equality ... look at the concentration of wealth among the very rich is because “economic inequality spills over into political inequality,” Durlauf said.
Analysis: How disasters like Hurricane Ian can make inequality worse Research on Hurricane ... government survey has captured the LGBTQ+ economic experience.
At their apex, the Roman Empire and China’s Han Dynasty ruled over more than 120 million people combined. Their capitals ...
The metric dates back to 1944, after countries attending the Bretton Woods economic conference agreed to start using it as a standardized measurement. Even through the US was among the last major ...
We also document how extreme economic inequality contributes to corruption and mismanagement of public resources. We push governments to end abusive policies that contribute to poverty ...
as well as the level of income inequality among residents. These four comprehensive metrics are indicators of more than just economic opportunity in a given state; they intersect with employment ...
If consumption levels were equalized through economic development ... of 0 would mean perfect equality (everyone has exactly the same income), while 1 would mean absolute inequality (one person ...
Two narratives have emerged in the economic literature on ... If we assume that robots are almost perfect substitutes for human labor, the good news is that output per person rises. The bad news is ...
During negative economic growth, the welfare of the poor should be the main focus area. Research from the University of Johannesburg shows how inequality can demolish most of the benefits of ...