You Searched For "income inequality" and got 20 results
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2 mins read
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
5 mins read
Why so many Gen Zers are struggling to find a connection to work, school, and a sense of purpose
People between the ages of 14 and 24 are in their decisive decade. Many of them are dropping out of…
Allie Kelly,Noah Sheidlower
7 mins read
Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…
Theron Mohamed
4 mins read
AI could split workers into 2: The ones whose jobs get better and the ones who lose them completely
AI could make you more productive or replace you at work. A new analysis sheds light on which work…
Jacob Zinkula
4 mins read
Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans
Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…
Allie Kelly,Noah Sheidlower
8 mins read
America's economy is being wildly mismeasured
Polls are fueling "pessimism inflation" — and it's going to make the next recession even more…
George Pearkes
3 mins read
People love hanging out with friends who they think make less than them
People who believe they have a higher relative income are more likely to socialize with their peers…
Noah Sheidlower
3 mins read
Feeling poor compared to your neighbors can harm your health
Wealth gaps cause serious social comparison, meaning people miss out on connection with and support…
Allie Kelly
4 mins read
11 US cities with the best mix of jobs, pay, and affordability
Austin was ranked the best-performing metro area by the Milken Institute, followed by Raleigh and B…
Noah Sheidlower
4 mins read
Chile redrafted its constitution to help end the nation's wealth gap. Here's how the fragile process is going and what we can learn from it.
Chile confirms that "things can change, and sometimes very quickly," when those in power lose their…
Paul Constant
3 mins read
History gives us a clue as to how we can solve global wealth inequality
Massive wealth inequality is a fairly recent invention. Understanding our past can help us better d…
Paul Constant
3 mins read
America's income gap shrunk throughout the pandemic, but inflation means it 'may be nothing but fleeting,' an expert says
The bottom half now holds $3.73 trillion of America's wealth, more than it's held for 20 years, Blo…
Taiyler Simone Mitchell
2 mins read
The lowest-paid workers saw their CEOs make 670 times their salaries last year — all while inflation cancelled out their raises
In 2021, some workers' salaries went down thanks to inflation. Meanwhile, some CEOs made 1,000 time…
Juliana Kaplan,Madison Hoff
3 mins read
An economist shares 3 policies that can reverse income inequality — and what the US can learn from them
Other capitalist countries have actively tried to reduce inequality through policy change — and suc…
Paul Constant
3 mins read
The massive gap between rich and poor Americans costs the US economy more than $300 billion every year, study says
The top 10% is the only group to have their income share grow since 1979. That's slowing economic g…
Ben Winck
3 mins read
26 billionaires, including Elon Musk and Jeff Bezos, paid just a fraction of the taxes the average American owes
A new analysis finds that Elon Musk had an average tax rate of just 2.1% on his wealth growth from …
Juliana Kaplan,Madison Hoff
2 mins read
The rich are getting poorer
The rich are still very rich. But a Bloomberg report finds that they've lost about $1 trillion this…
Juliana Kaplan
2 mins read
America's middle class has shrunk over the last half century as the economy rewards some and punishes others
Upper-income households barely saw a dent in their incomes during the pandemic, while everyone else…
Juliana Kaplan
3 mins read
Billionaires saw their wealth grow by 62% during the pandemic, while workers' wages grew by 10%
Around the country, millions of Americans are scrambling to get their taxes together. Many will pay…
Juliana Kaplan,Madison Hoff
2 mins read
Heiress Abigail Disney says 'billionaires are miserable, unhappy people,' and it's time for change: 'The billionaire bashing needs to happen. I don't know why we're being so polite.'
"My part of the American Dream is to step up and pay my fair share," the filmmaker and wealth tax a…