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.
CNBC | The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six...
Oxfam | Billionaire fortunes have grown at a rate three times faster than the previous five years since the election of Donald Trump in November 2024. While US billionaires have seen the sharpest growth in their fortunes, billionaires in the rest of the world have also seen double digit increases. T...
Public Services International | Commissioned by the Network of Unions for Tax Justice and the Austrian Chamber of Labour, this study provides the most comprehensive modelling to date of how a global shift to unitary taxation would reallocate multinational profits and corporate tax revenues. The rese...