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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…
2 mins read
More than 77% of India’s wealth is concentrated in the hands of just 10% of its population — and it shows that its economic divide is only widening
77.4% of India’s wealth is in the hands of 10% of its population, according to the report, with …
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
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
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
2 mins read
The AI chip race is minting thousands of new millionaires in Taiwan, but not everyone is benefiting
Taiwan was already home to 788,799 US dollar millionaires in 2023. This number could surge by 47% t…
Huileng Tan
2 mins read
The US tops the world with more than 140,000 ultra-rich citizens worth more than $50 million, after adding another 30,000 to the rolls in 2021
The US has more than half of the world's ultra rich individuals — and the number is growing q…
Lakshmi Varanasi,Andy Kiersz
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
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
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
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…
1 min read
I spent 3 days in Jackson, Wyoming - the most unequal place in America, where the 1% makes more than $16.1 million a year. The experience was nothing like I expected.
As compared to the commonly used Gini coefficient measure of inequality, EPI's measure captures ver…
Katie Warren
1 min read
The 13 most unequal places in America, ranked
As compared to the commonly used Gini coefficient measure of inequality, EPI's measure captures ver…
Katie Warren
2 mins read
The 12 countries where poor children are more likely to get rich and actually achieve the American Dream than in the US
On average among the 30 countries studied by the OECD, it will take four to five generations of chi…
Madison Hoff
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
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
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
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
7 mins read
Casinos made Macau one of the wealthiest places in the world — but they also brought heightened inequality and crime. Now, China is cracking down.
Macau's gaming liberalization in 2002 was meant to make the city a world center for tourism. That d…
Raini Hamdi
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…