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...
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...
Tax Justice Network | The International Chamber of Commerce has published, circulated among delegates, and promoted at a side event a report claiming that the global implementation of withholding taxes under Article 12AA of the UN Model would produce net losses for the global South.
The Tax Justic...