Washington, D.C. — Today, the Center for American Progress unveiled a new paper examining how the strength of the middle class and inequality affect our nation’s economic growth and stability. Despite ...
Mainstream economics argues that the tax system is the best tool for reducing economic inequality. In fact, “predistributive” measures like minimum wages and collective bargaining can be equally or ...
Editor's note: The Institute for Business in Global Society (BiGS) invited economist Anton Korinek to speak about the impact of artificial intelligence on the economy during our AI in Society seminar ...
This paper was presented at the First Conference of the Americas, held by the Organization of American States in Washington on 6 March 1998. Great social inequality has long been a frustrating feature ...
Several studies by Thomas Piketty and his colleagues purporting to show that income inequality has increased dramatically in the United States over the last 60 years have influenced the public’s views ...
In US, where majority of consumer spending is shifting to upper-income groups, there are concerns about potential risks to financial stability and the economic outlook related to K-shaped economy - An ...
Surges of foreign investment into developing countries can amplify economic stress and potentially undermine their financial stability. New evidence suggests that excessive foreign capital inflows can ...
Changes to the income tax code in recent budgets “echo the motivations” of budgets in the run-up to the collapse of Ireland’s ...
A behind-the-scenes blog about research methods at Pew Research Center. For our latest findings, visit pewresearch.org. At Pew Research Center, we study people’s economic lives — from who counts as ...
The top 10% of earners now account for roughly half of all consumer spending, according to a report by Moody’s Analytics.