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2 mins read

The top 0.1% of American households hold the same amount of wealth as the bottom 90%

The Gini coefficient is a measurement of the income distribution within a country that aims to show…

Elena Holodny   


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2 mins read

The US is a big outlier when it comes to income inequality

The Goldman duo also shared a chart comparing the mean versus median incomes in the US from 1975 to…

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2 mins read

The top 0.1% of American households hold the same amount of wealth as the bottom 90%

The Gini coefficient is a measurement of the income distribution within a country that aims to show…

Elena Holodny   


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3 mins read

Byron Wien explains simply why America's wealth inequality is getting worse

Wien also argued in his commentary that "in spite of the wealth disparity, inequality does not seem…

Elena Holodny   


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2 mins read

How Bitcoin Is Like North Korea

The distribution of Bitcoin holdings looks much like the distribution of wealth in North Korea and…

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1 min read

This Chart Shows How Rich People Make Their Money Totally Differently From Everyone Else

Last night, Justin Wolfers Tweeted a chart from Visualizing Economics' Catherine Mulbrandon showing…

Rob Wile   


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6 mins read

The United States was downgraded to a 'flawed democracy'

According to the EIU, "full democracies" are countries in which basic political freedoms and civil …

Elena Holodny   


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3 mins read

China Just Approved A New Plan To Crush Income Inequality

Now, China has approved its long-awaited income distribution plan (IDP). Here are some details from…

Mamta Badkar   


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1 min read

22 Stunning Side-By-Side Images That Demonstrate China's Huge Wealth Gap

China has a high Gini coefficient, a measure of income inequality. In fact, during his outgoing spe…

Mamta Badkar   


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2 mins read

Income inequality in Britain is at a 30-year low - but the richest 20% still have five times more to spend than the poorest

The median household disposable income in the UK is now £26,300, £1,000 higher than the pre-financi…

Oscar Williams-Grut   


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1 min read

Shocking Aerial Views Of Hong Kong's Tiny 'Cage' Apartments

Local advocacy group Society for Community Organization says that hundreds of thousands of people a…

Adam Taylor   


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2 mins read

India's rural-urban income gap declines sharply amid fall in poverty level: SBI Report

Along with the sharp decline in poverty in India, there has also been a marked reduction in the rur…

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2 mins read

Income Inequality Could Be Causing Americans To Take Fewer Vacation Days

If a company pays all of its employees between $50,000 and $100,000 a year, there is a limit to how…

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3 mins read

Inequality has been growing for thousands of years - and it could hint at future societal collapse

Some people have advocated for a radical kind of restructuring involving basic income - a system in…

Chris Weller   


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6 mins read

An ominous economic trend may be returning to Latin America, and it could have deadly consequences

Genaro Perfecto, 38, and his wife Cecilia Feliciano, 37, inside their house in San Quintin in Baja …

Christopher Woody   


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2 mins read

New Inequality Study Proves What Democrats Have Been Saying For Years

Republicans have argued that increased big government, taxation and regulations are keeping small b…

Walter Hickey   


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1 min read

Income inequality is growing across the US - here's how bad it is in every state

Analysis from political geographer Richard Morrill showed that areas like the South, where income i…

Mark Abadi   


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2 mins read

China has 4 mn millionaires, says a survey

"Strong market performance across the entire (Asia-Pacific excluding Japan) region -- tha…

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1 min read

Katie Warren