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...
Earth's Future | Prolonged droughts and increasing urban inequality create a growing risk of unprecedented water security challenges in emerging mega-cities. One such rapidly developing major urban agglomeration is Pune, India's 9th largest city. Our research shows that the combined impacts of urban...
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...
Institute for Policy Studies | This report analyzes the 20 largest employers of low-wage U.S. workers, a group we’ve dubbed the “Low-Wage 20.” Together, the Low-Wage 20 companies employ approximately 6.7 million people in the United States. Their median worker wages in 2024 ranged from $9,602 (Ross...
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...
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...