Wealth inequality
With the US and China, Two Types of Capitalism Are Competing With Each Other
Capitalism’s global victory has been achieved through two different types of capitalist systems: the liberal meritocratic capitalism that has developed incrementally in the West,...
Thomas Piketty's New Book Brings Political Economy Back to Its Sources
In the same way that Capital in the Twenty-First Century transformed the way economists look at inequality, Piketty's new book Capital and Ideology will...
The Future of Capitalism and the Utopia That Never Was
In his review of Paul Collier’s recent book The Future of Capitalism, Branko Milanovic discusses ideology, social democracy, and the "ethical world."
Paul Collier’s...
Angus Deaton: Today’s Inequalities Are Signs That Democratic Capitalism Is Under Threat
At the launch of the IFS Deaton Review, a 5-year review of rising inequalities in the UK, Sir Angus Deaton decried extreme inequality and the...
Wealth Inequality in America: A Race Between the Stock and the Housing Market
Booming stock markets and the collapse of house prices in the aftermath of the 2008 financial crisis have increased wealth inequality in the US...
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...
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...
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...
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...
