While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...

One of the more impressive accomplishments of the United States in recent decades is how it has achieved greater economic inequality in line with what Marx expected from a capitalist economy. There ...

Differences in wealth and differences in income are the wrong ways to measure economic inequality, and going by either of them “dramatically overstates” the degree of inequality in the United States, ...

Rising economic inequality in many countries, especially the rich ones, in recent decades has emerged as an important topic of political debate and a major public policy concern. Widening economic ...

“Inequality is bad for economic growth and bad for poverty reduction. In the past researchers were not able to exactly quantify the effect of inequality in the context of economic shocks. This graph ...

New research published in Social Psychological and Personality Science shows that awareness of economic disparity affects happiness, meaning, harmony and spiritual well-being. A comprehensive new ...

COVID-19 is increasing economic inequality around the world. On the one hand, the number of people in extreme poverty is on the rise for the first time in decades. The World Bank estimates at least ...