The Insider | In early February, Elon Musk’s net worth topped the $800 billion mark, a new record for the richest man in history. Today, the combined fortunes of the dozen wealthiest Americans exceeds $2 trillion — four times more than the total in 2020. A similar trend is visible far beyond the Uni...
Inequality.org | A recent poll found that nearly half of people in the US are having difficulty affording basic necessities like groceries, utility bills, health care, housing, and transportation. A new Institute for Policy Studies report shows that the typical pay at the largest low-wage employers...
The Guardian | Olivier De Schutter says new economic agenda needed to tackle crises of rising inequality and ecological collapse. The global economy must be reordered to ensure it serves ordinary people around the world rather than the “frivolous and destructive demands of the ultra-rich”, according...
Economic Policy Institute | The intertwining of racial hierarchies and economic policy as a historical pattern has paved the way for vast inequality: by sowing distrust of government, dismantling institutions aimed at equity, and targeting nonwhite communities, political forces weaken cross-racial w...
CEPR | There have long been concerns that US Supreme Court decisions increasingly favour economic elites. This column analyses 1,782 cases from 1953 to 2022 to examine how justices’ rulings directly shift economic resources between the ‘rich’ and ‘poor’. In the 1950s, Democratic- and Republican-appo...
ITEP | Taking all the policies of President Trump and the Republican majority in Congress into account, all but the richest Americans are paying higher taxes on average in 2026 than they did last year.
Source: Institute on Taxation and Economic Policy.