When people are confronted with high income inequality, they develop an unrealistically optimistic view of their chances for social mobility. This misjudgment leads them to show less support for political redistribution—a mechanism that stabilizes social inequality. This conclusion was reached by WZ...
Bruckner et al. show that carbon footprints can reach several hundred tons of CO2 per year, while the majority of people living below poverty lines have yearly carbon footprints of less than 1 tCO2. Lifting more than one billion people out of poverty, leads to only small relative increases in global...