Inequality

The Nation-State: The Common Root of Our Failure to Deal with High Global Inequality and Climate Change

Inequality and climate change are both global problems that cannot be solved by a single country. Yet we are stuck with the political limitations...

How Finance Affects Income Inequality

There is mounting evidence that income inequality and disparities in wealth have been rising in advanced economies in the recent decades. Using data on...

Governments Bear Much of the Responsibility for Rising Inequality—But Also Have the Tools to Reduce It

A new study tracks the influence of public policy on inequality and argues that the main rise in inequality has been a result of...

Rents and Inclusive Growth: A Decline in Rent Sharing Implies Growing Income Inequalities

A new study looks at the long-run evolution of rent sharing between companies and workers in the UK and finds that rent sharing...

Study: Medicaid Expansion in Michigan Led to Less Financial Distress

A new study finds that obtaining health insurance coverage leads to lower unpaid debt, fewer bankruptcies, fewer evictions, fewer late payments, and higher credit...

How Market Power Worsens Income Inequality

Inequality in stock ownership has grown considerably over the past two decades and is far more pronounced than inequality in consumption or income. A...

What Comes After Trickle-Down Trade Liberalization?

The United States needs to rethink its trade policy. A new report offers a blueprint, consisting of ten major reforms. US trade policy is at...

Reducing Wealth Inequality Through Wealth Taxes Without Compromising Economic Growth

New research proposes two ways of using wealth taxes to reduce inequality and increase efficiency.     Economic inequality has risen significantly within major economies around the...

Davos Elites Love to Advocate for Equality – So Long As Nothing Gets Done

The return to the industrial relations and tax policies of the early 19th century has been spearheaded by people who speak the language of...

The Malleable Demand for Trade Protection: How Political Campaigns Can Easily Manipulate Public Attitudes Toward Public Policy

Where does today’s anti-trade sentiment come from? A new study finds that people are particularly sensitive to job losses and outsourcing due to international...

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How Political Conflict Shapes Macroeconomics: Alberto Alesina’s Intellectual Legacy

One of the most respected economists of his generation, Harvard professor Alberto Alesina suddenly died at 63. His friend and colleague Guido...

“Alberto Alesina Always Knew Where The Big Ideas Were”

Harvard economist Alberto Alesina passed away at 63. Paola Giuliano, UCLA professor and Alesina's co-author, recalls his intellectual and human legacy: "He...

Bethany McLean’s Weekend Reading List: Fracking, Germs, and the Global Financial Crisis

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

We Need More Respectful and Inclusive Experiments in Development Economics: A Proposal

After many years of field research in Uganda, three economists outline how to prevent a powerful research tool such as randomized...

Indecent Proposals in Economics: The Moral Problem With Randomized Trial Experiments

The advent of field Randomised Control Trials (RCTs) has made it more acceptable for applied economists to collect data in developing countries....

When and How the US Should Reopen Is a Matter of Politics, Trust in Institutions and Media, Survey Says

A new survey from the Rustandy Center and the Poverty Lab at the University of Chicago finds that political party affiliation and...

Why Social Distancing Measures Seem Less Effective in the US

Guidelines assume that the less people move around, the less likely they are to be in contact. However, phone location data show...