Add Yahoo as a preferred source to see more of our stories on Google. The richest 10 percent of the world’s population now owns three-quarters of all personal wealth, according to the newly released ...
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 ...
A key finding contained in the latest household income report from Statistics Canada is that the income gap between high-earning and low-earning households has reached record levels. Related to this ...
Global wealth is concentrated at the top. This is true for all countries to varying degrees. Yet—according to the World Inequality Database—in almost all nations, the richest 10% hold more than 50% of ...
How will artificial intelligence affect the distribution of income and wealth this century? After falling through much of the 20th century, income inequality, measured as the fraction of income going ...
A fisherman colony alongside commercial buildings in the Indian city of Mumbai, now Asia’s billionaire capital. Credit - Dhiraj Singh—Bloomberg/Getty Images A new study from the World Inequality Lab ...
Data from the Federal Reserve shows that the so-called K-shaped economy in America is alive and well, with low- and middle-income households falling further behind as the richest Americans pull away.
Across 41 states, the bottom 20% make less than $20,000 on average. Meanwhile, the top 20% earn more than $250,000 in 25 states — accounting for half of America. While it’s not exactly a new ...
Tackling income and wealth inequality is at the top of the policy agenda in many countries. This note discusses three approaches of wealth taxation, based on (1) returns with a capital income tax, (2) ...
A homeless encampment in Kitchener, Ontario, in front of the former Krug Furniture factory According to a report by Statistics Canada on income and wealth distribution issued in July, income ...