The divergence seems to be due to higher income groups benefiting disproportionately from policy changes and also because ...

Discover who Simon Kuznets was, his Nobel-winning contributions to economics, and the significance of the Kuznets Curve in understanding economic inequality.

Low-income Americans have missed out on the wealth effects that have benefited the highest earners. The Fed, which has played a role in what economists refer to as the K-shaped economy, can’t easily ...

COVID-19 is increasing economic inequality around the world. On the one hand, the number of people in extreme poverty is on the rise for the first time in decades. The World Bank estimates at least ...

Wealth inequality destroys societies and entire countries and is severely damaging to the health and well-being of the poor for generations. Are you ahead, or behind on retirement? SmartAsset’s free ...

According to Goyal, this face-to-face interaction between the working class and the consuming class — repeated transaction ...

Income and wealth inequality in the United States is substantially higher than in almost any other developed nation, and it is on the rise, sparking an intensifying national debate. The 2008 global ...

Nobel Prize-winning economist Joseph Stiglitz grew up in Gary, Ind. — a city that has weathered many economic storms over the past half-century. Stiglitz went on to study at Amherst College and MIT, ...

Climate change is having a serious impact on economic growth across the world — and it’s worse for poor countries that already had a lot of catching up to do, according to a new study. Two Stanford ...

The two gravest challenges facing America today, economic inequality and geographic divides, are increasingly intertwined. Economic inequality has surged with nearly all the growth being captured by ...