Mainstream economists and the media “warn” us about the dangers of “income inequality.” But is income inequality really an ...
The Gini index, or Gini coefficient, is a summary measure of income inequality representing how income distribution varies compared with an equal outcome. States with the lowest Gini index figures ...
By the end of the century the hired hands—the top executives—shared with capital owners the highest part of the income distribution. In Western English-speaking countries, inequality declined ... In ...
Upward mobility is the ability to rise to a higher level of income. In the United States, income inequality means upward mobility is not equal everywhere. People have a better chance of rising to ...
In a 2011 study, Harvard business professor Mike Norton and economist Dan Ariely asked over 5,000 Americans how they thought wealth was distributed in the US, and what the ideal distribution looks ...
US economists raise red flag on Donald Trump ... “We are in the midst of a series of small revolutions to correct income inequality.” Unfortunately, there’s historical precedent to suggest ...
It's nearly impossible to read the news these days without running across mentions of economic inequality. So what is economic inequality, and how does it impact you? Here's what to know about ...
Since the ’80s the US has experienced not only a steady increase in income inequality, but also a contemporaneous increase in residential segregation by income. Using US Census data, we document a ...
A new study helps us better understand one of the possible ... One of the effects of that has been growing income inequality or persistent income inequality." The researchers noticed the leaders ...