Inequality
How US Voters React to Immigration in the Voting Booth May Depend on Both Immigrants’ and Native Residents’ Skill Levels
A new working paper has revealed two strikingly divergent correlations between increases in high-skilled and low-skilled immigration and change in Republican vote share since...
Gabriel Zucman: “Some People in Economics Feel That Talking About Inequality Is Not What Economists Should Be Doing"
The rising scholar of taxation and inequality talks to ProMarket about the problems excessive economic power poses for open political systems, how states can...
Education Quality Has Less to Do with Adult Outcomes Than You Might Think
A new paper assesses the contributions of education and labor markets to differences across regional labor markets in the United States and finds that differences in access to...
Excessive Zoning Makes Us Poorer and More Unequal
We normally think of income inequality as a function of differences in class or socioeconomic status. But much more than generally realized, geographic differences...
Why Democracy Fails to Reduce Inequality: Blame the Brahmin Left
A new paper by Thomas Piketty finds that major parties on both sides of the political spectrum have been captured by elites and warns...
Investing in Quality Early Childcare Is Good for Vulnerable Kids—and Good Economics, Too
Early childcare can be a major contributor to eliminating inequality of opportunity and even lay the foundations for a more productive workforce in the...
How India’s Bridal Dowry Tradition Leads to Missing Women
In a famous essay published in 1990 the economist Amartya Sen explored the drivers of the global sex ratio imbalance, what he called the...
Angus Deaton on the Under-Discussed Driver of Inequality in America: “It’s Easier for Rent-Seekers to Affect Policy Here Than In Much of Europe”
In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton talks about the connection of rent-seeking and monopolization to rising inequality.
In December, the United...
Is Economic Insecurity Behind the Specter of Populism?
A new study examines the role of the 2007–9 global financial crisis and its metastasis in Europe on voting and political beliefs, showing that crisis-driven economic...
The Rate of Return on Everything
A new paper purports to have finally unlocked the mystery of the rate of return on capital. Here the authors report on their research on...
