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...
Democracy Project NYU Law | Economic inequality and the weakening of collective institutions have hollowed out the ability of everyday people to shape political life and counterbalance concentrated wealth. With membership organizations dwindling and economic power translating ever more directly into...
Public Services International | Groundbreaking research shows taxing multinational profits where they are generated at a 25% minimum could expand global public revenues by over $700 billion per year: enough to end extreme poverty ten times over.
Source: Public Services International.
Source...
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...
LSE Inequalities | Inequality has a profoundly negative effect on health and wellbeing, write Richard Wilkinson and Kate Pickett. Not because it suddenly kills, but because it slowly reshapes how people live, relate, cope, and age. Rather than behaving like a toxin that produces a sudden spike in mo...
The Guardian | Millions of graduates are trapped by ballooning debts, as their repayments are dwarfed by the interest added.
Source: The Guardian.