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The Equitable Economy

Income Inequality

Watch: Raghuram Rajan on How Markets and States Leave Communities Behind

ProMarket writers
In a recent Stigler Center conversation with Luigi Zingales, Rajan talked about his new book The Third Pillar and explained why today’s populists “are...
Income Inequality

The Costs of Trump’s Import Tariffs Have Landed Entirely on US Citizens

David E. Weinstein
US importers and consumers experienced $12.3 billion in added tax costs and another $6.9 billion from unrecoverable reductions in welfare arising from the 2018...
Income Inequality

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

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

How Finance Affects Income Inequality

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

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

Joseph Zeira
A new study tracks the influence of public policy on inequality and argues that the main rise in inequality has been a result of...
ESG, Corporate Governance & Future of the Firm

Chicago Booth/Kellogg School Financial Trust Index Shows Americans’ Trust in Financial Institutions Increasing After Rocky Decade

Paola Sapienza
Financial trust increased from 22 percent in 2008 to 28 percent at the end of 2018, according to a survey marking the 10-year anniversary...
Antitrust and Competition

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

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

Study: Medicaid Expansion in Michigan Led to Less Financial Distress

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

How Market Power Worsens Income Inequality

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

What Comes After Trickle-Down Trade Liberalization?

Timothy Meyer
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...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.