idw | In recent decades, income and wealth disparities have widened significantly in many European countries. At the same time, support for populist parties has grown. Previous studies have already pointed out that rising inequality may be contributing to the growth of populist movements. But how ca...
Jacobin | Some on the Left believe that the capitalist system will not tolerate any greater interventions in its operation or redistribution of its spoils. There is no good evidence that this is true.
Source. Jacobin.
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...
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...