Income Inequality
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...
Income-Driven Repayment Provides a Way to Offer Student Loan Forgiveness to Those Who Need It the Most
Direct loan cancellation is not the
only policy option to lower student debt. If policymakers want more targeted
loan forgiveness, aimed at lower income individuals, there...
Bethany McLean’s Weekend Reading List: Inequality, Remote Learning and the First Female Recession
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.
There are a few things that I've thought...
A $2.5 Trillion Question: What If Incomes Grew Like GDP Did?
Per capita GDP in the US grew 118 percent over the past 43 years. At the bottom 25th percentile, real income for full-time, full-year,...
Capital and Ideology: a Webinar With Thomas Piketty, Robert Topel, and Edward Luce
As part of the Stigler Center’s Political Economy of Covid-19 Series of online programming, which explores the economic and political implications of Covid-19 with...
Piketty on the Covid-19 Crisis: “It Is High Time to Use This Opportunity to Counter the Dominant Ideology and Significantly Reduce Inequality”
In an interview with ProMarket, Thomas Piketty speaks about his new book, the role of ideology as a driver of inequality, and what the...
How Inequality Hurts the Economy and Complicates Policy Responses to the Pandemic
In the years leading up to the pandemic, rising inequality created a saving glut of the rich which pushed down interest rates and fueled...
“Democracy Is Influenced by Lobbyists, That’s Why the People Also Need Someone to Lobby for Them”
“Individuals usually don’t have enough incentive to take action, even though it is clear they will be collectively better off by taking action.” In...
The World After Covid-19: Inequality Within Rich Countries Will Increase, Globalization Will Reverse, Politics Will Remain Turbulent
The negative effects of the crisis on growth will be very strong. But it will not affect everyone in the same way. If the...
The Most Persistent of All Zombie Ideas: That Taxing the Wealthy Is Destructive to the Economy
Economics can’t tell you what values to have. It can, however, shed light on what to expect from policy that reflects any particular set...
