I often start the first-year managerial economics classes I teach by showing a graph to my MBA students (see below). It shows that in 1951, middle-income Indians (from the middle 40 th percentile, ...

During the 2012 election, America’s historically high levels of inequality became an issue in politics like no time in recent memory. By the 2016 go-around, income inequality is on the path to ...

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The interest rate regime embraced to combat strong inflation of the mid-1970s and early 1980s has had unintended consequences—including the development of historic levels of wealth inequality. Yakov ...

The most potent ‘solutions’ for inequality are unpleasant. Tight labor markets shrink income inequality by causing employers to bid up the price of scarce labor, so policymakers fretting about income ...

Why has absolute deprivation continued to grow in the UK? What role does high inequality play in understanding how we have got to the point of peak injustice? With child mortality rising in the UK and ...