Global Policy | Many economists dismiss the relevance of inequality (if everybody’s income goes up, who cares if inequality is up too?), and argue that only poverty alleviation should matter. This note shows that we all do care about inequality, and to hold that we should be concerned with poverty s...
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...
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...
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...
Tax Justice UK | The latest Sunday Times Tax List reveals a curious gap: while the UK is home to 156 billionaires, only 100 people paid more than £11 million in tax last year — and some mega-rich individuals with fortunes over £10 billion don’t appear at all. This isn’t just a quirk of data but a sy...