“Inequality is bad for economic growth and bad for poverty reduction. In the past researchers were not able to exactly quantify the effect of inequality in the context of economic shocks. This graph ...
File - A worker counts money at a grocery store in Buenos Aires, Argentina, Nov. 21, 2023. Prices have surged so dramatically that the government has multiplied the size of its biggest banknote in ...
The message from William M. Rodgers III, vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis, was stark. “For a growing number of United States ...
Outlook Business on MSNOpinion
Nobel Prize Winner James Robinson: Letting Inequality Go Up is a Choice
In an exclusive interview with Outlook Business, Nobel Prize–winning economist James Robinson explains why rising inequality ...
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 the Federal Reserve Bank of St. Louis, as of the second quarter of 2024, the top 10% of households controlled 67% of total wealth, averaging $6.9 million per household. In stark contrast, ...
The level of economic inequality in the city of Santiago in Brazil is evident along the border of a high-density, low-income favela neighborhood next to high-rise ...
One concern overwhelms the minds of many Americans: the cost of living is too high. While many can relate to this sentiment, not everyone experiences this problem equally, especially in cities like ...
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