Income Inequality

Three Ways Tax Policies Increase the Black-White Racial Wealth Gap

Dorothy Brown, the author of The Whiteness of Wealth, explains how tax breaks for marriage, college, and gifts and inheritance contribute to the black-white...

Most Americans Consider Themselves Middle-Class. But Are They?

There are different ways of determining who should be considered middle-class. But there is one thing they have in common: all reveal that the...

Barriers to Entry as Another Source of Top Income Inequality

A new book, The Power of Creative Destruction, explores how lobbying contributes to the increase in the top 1 percent’s share of income. An...

What the US Can Learn From Denmark About Inequality and Social Mobility

Denmark has many generous social policies that American progressives seek to emulate. Yet Denmark also has substantial inequality of child outcomes across social and...

“I Wanted to Call People’s Attention to the Extent of Amazon’s Takeover of Washington”

In an interview with ProMarket, author and ProPublica reporter Alec MacGillis discusses the rise of Amazon and regional inequality, the role of politics in...

The Unequal Toll of Covid-19

A pandemic is by definition universal but while it is true that the Covid-19 outbreak has affected everyone, it has not done so equally....

The End of the Capitalist-Worker Dichotomy and the Rise of a New Elite?

Economists typically assume that capitalists and workers are different people. A new study, however, finds that the intersection between the top decile of capital-income...

Covid-19 Aggravates Existing Income, Gender, and Race Inequalities, and Further Increases Political Divisions

Seventy percent of Americans know someone who tested positive; one in five know someone who died from coronavirus, survey shows. For most of 2020, we followed...

Angus Deaton: “There’s Something Clearly Wrong With Our Corporate System, in Which Pharmaceutical Companies Are Allowed to Kill People for Money”

In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton outlined what he believes the incoming Biden administration should do: introduce price controls and...

Antitrust as Economic Stimulus

By attacking power imbalances, competition policy can steer income to workers and independent merchants who are more inclined to spend than monopoly platforms.  When the...

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