Wealth inequality
Inequality Has Increased Far Less Than You Think (If You Consider Social Security Benefits)
In the United States, Social Security accounts for nearly 60 percent of the total wealth of the bottom 90 percent. Once Social Security is...
The World After Covid-19: Inequality Within Rich Countries Will Increase, Globalization Will Reverse, Politics Will Remain Turbulent
The negative effects of the crisis on growth will be very strong. But it will not affect everyone in the same way. If the...
The Most Persistent of All Zombie Ideas: That Taxing the Wealthy Is Destructive to the Economy
Economics can’t tell you what values to have. It can, however, shed light on what to expect from policy that reflects any particular set...
What Is the Meaning of Wealth?
Who's richer, a person who enjoys the comfort of modern services and technologies, or the ancient kings of a millennia ago? Comparing wealth over...
Why There Is No “Crisis of Capitalism”
Western dissatisfaction with globalization is wrongly diagnosed as dissatisfaction with capitalism, when in fact it is the product of the uneven distribution of the...
A New Capitalisn't Episode: The Controversial Tax Policies Of Emmanuel Saez
In a new episode of their podcast Capitalisn't, Luigi Zingales and Kate Waldock interview UC Berkeley professor Emmanuel Saez on tax policy, the wealth...
Emmanuel Saez: Saying Inequality Has Not Increased in the US "the Equivalent of Being a Climate Change Denier”
In an interview with ProMarket ahead of his upcoming Stigler Center visit this week, UC Berkeley economist Emmanuel Saez discussed the impact of the...
The Betrayal of Populism: Why the New Far Right Is the Real Threat to Our Democracy
Much of the discussion on populism focuses exclusively on protest against the political system: the protest of “the people” against “the elite.” But elites...
Chile's Fall From Grace Shows the Failures of Neoliberalism
For many years, Chile’s economic growth and transition to democracy have made it the poster boy for neoliberalism. The current wave of protests highlights...
“Avoiding Plutocracy Would Require a Political Change”: Branko Milanovic on the Future of Capitalism
In an interview with ProMarket, CUNY Graduate Center economist Branko Milanovic discussed the differences and similarities between US-style and China-style capitalism and explained why,...
