Jacobin | The welfare state is essential for keeping the nonworking population out of poverty. But we shouldn’t discount the role of predistributive measures like strong unions and minimum wage laws in reducing inequality.
Source: Jacobin.
Less is more. How degrowth will save the world.
The world has finally awoken to the reality of climate breakdown and ecological collapse. Now we must face up to its primary cause. Capitalism demands perpetual expansion, which is devastating the living world. There is only one solution that will le...
The report is based on data collected from more than 100 WID.world Fellows across five continents, compiled, unified and fed into the World Wealth and Income Database (see www.wid.world/team for more information).
Intergenerational wealth transmission and homeownership in Europe–a comparative perspective
Abstract
The literature on social and wealth inequality has long acknowledged the importance of intergenerational wealth transmission (IWT) to inequality in homeownership tenure. However, it has paid insu...
WID.world combines different data sources: national accounts, survey data, fiscal data, and wealth rankings. By doing so, it becomes possible to track more precisely the evolution of all income or wealth levels, from the bottom to the top. The key novelty of WID.world is to use such data in a system...
One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among...