What caused the Great Recession? This question, not surprisingly, is proving divisive. Just today, The Huffington Post reported that the Republican members of the congressionally-appointed Financial ...
In 2014, the French economist Thomas Piketty’s Capital in the Twenty-First Century became an international sensation, reshaping the inequality debate and launching its author into superstardom.
The connection between class inequality and asset price bubbles is well established. That is, the gap between the very rich and everyone else tends to widen around the same time that over-investment ...
Log-in to bookmark & organize content - it's free! University of Massachusetts economics professor Gerald Epstein argued that the U.S. needs to reform its financial system to better serve the needs of ...
Does living in an unequal society make people unhappy? Not necessarily, reveals the largest study ever conducted on the ...
Wealth inequality is one of the primary causes of unhappiness in developed or industrialized nations (along with rising healthcare costs and an unhealthy work-life balance). On the other hand, lower ...
Nobel-winning economist Simon Johnson on what causes prosperity gaps between nations The Nobel Prize in economics was awarded Monday to a trio of economists who have published research that looks at ...
Economic inequality is at an all-time high in the United States. Some claim that decades of systematic legislation have resulted in the wealthiest three families owning more wealth than the bottom ...
Justin lives! And he’s guest blogging for Ezra Klein this week. Check it out here. Yesterday he blogged about… whether or not income inequality helped cause the financial crisis. Sound familiar? In ...
Lunch lady economics: why feeling poor hurts like being poor -- Relatively easy: why we can't stop comparing ourselves to others -- Poor logic: inequality has a logic of its own -- The right, the left ...
A new study published in Social Psychological and Personality Science has found that rising income inequality is associated with an increase in the number of hours people work. This relationship ...
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