Income Inequality

The Nation-State: The Common Root of Our Failure to Deal with High Global Inequality and Climate Change

Inequality and climate change are both global problems that cannot be solved by a single country. Yet we are stuck with the political limitations...

How Finance Affects Income Inequality

There is mounting evidence that income inequality and disparities in wealth have been rising in advanced economies in the recent decades. Using data on...

Governments Bear Much of the Responsibility for Rising Inequality—But Also Have the Tools to Reduce It

A new study tracks the influence of public policy on inequality and argues that the main rise in inequality has been a result of...

Rents and Inclusive Growth: A Decline in Rent Sharing Implies Growing Income Inequalities

A new study looks at the long-run evolution of rent sharing between companies and workers in the UK and finds that rent sharing...

How Market Power Worsens Income Inequality

Inequality in stock ownership has grown considerably over the past two decades and is far more pronounced than inequality in consumption or income. A...

Reducing Wealth Inequality Through Wealth Taxes Without Compromising Economic Growth

New research proposes two ways of using wealth taxes to reduce inequality and increase efficiency. Economic inequality has risen significantly within major economies around the...

Davos Elites Love to Advocate for Equality – So Long As Nothing Gets Done

The return to the industrial relations and tax policies of the early 19th century has been spearheaded by people who speak the language of...

The Inequality Paradox: Rising Inequalities Nationally, Diminishing Inequality Worldwide

Workers in emerging economies benefitted from globalization and workers in rich countries, on balance, did not. Overturning globalization, however, will neither work nor bring...

Antitrust in a Changing Economy and Changing Economics

Jason Furman, former chair of the White House Council of Economic Advisers: We will likely need to update our competition policies to promote competition if we...

Does Sweden’s Radical Right Reflect Too Much Social Inclusivity, Or Too Little?

Many have attributed the success of the far-right Sweden Democrats to Sweden's open immigration policy. Instead, a new study shows that income inequality and...

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LATEST NEWS

Development

Mobile Internet Is Changing Employment in Developing Countries, but Not Always as Expected

Pinelopi Koujianou Goldberg, Gaurav Chiplunkar

Scholars and policymakers have put much faith into the prospect of internet connectivity catalyzing development in low- and middle-income countries. In new...

Fiscal Policy

Biden’s Second-Best Economic Agenda

Walter Frick

Efficiency is out and political economy is in. But what does that imply about making good policy?

Monetary Policy

The Fed and Bank Failures

Raghuram Rajan, Viral V Acharya

Viral Acharya and Raghuram Rajan explain how quantitative easing contributed to the problems underlying the recent bank failures such as that of...

Antitrust and Competition

Self-Preferencing Theories Need To Account for Exploitative Abuse

Patrice Bougette, Oliver Budzinski, Frédéric Marty

Patrice Bougette, Oliver Budzinski, and Frédéric Marty argue in their research that antitrust authorities on both sides of the Atlantic must take...

Antitrust and Competition

Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth

Christian Fons-Rosen, Pau Roldan-Blanco, Tom Schmitz

Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...