IFS | We study the welfare cost of inflation during the 2021–2023 UK inflation surge using household scanner data on fast-moving consumer goods. We develop and implement a non-homothetic, index number-based decomposition of inflation-driven welfare changes into exposure, substitution, and income eff...
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...
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.
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...
L’Osservatore Romano | There is a type of work that continues to be unrecognized as such. It is the work of caring, of relationships, of daily organisation that ensures the survival of families and the cohesion of communities, that contributes to GDP, and that weighs disproportionately on women. It...
Tax Justice Network | The fourth session of negotiations on a world-first UN Framework Convention on International Tax Cooperation concluded last week in New York, bringing countries significantly closer to a consolidated zero draft ahead of the August negotiation session. Over eight days, governmen...