This graph tells you that the richest 1 percent has captured more than half of income growth during periods of economic expansion in the 21st century. If more people knew that, would they support ...
see the largest income growth. +6% 5% The poor and middle class used to see the largest income growth. Many Americans can’t remember anything other than an economy with skyrocketing inequality, in ...
Since World War II, inequality in the U.S. has gone through two, dramatically different phases. In the first phase, known as the great compression, inequality fell. Incomes rose for people in the ...
Branko Milanovic is a World Bank economist and development specialist. He's currently a visiting presidential professor at CUNY's Graduate Center and a senior scholar at the Luxembourg Income Study ...
In this week’s magazine, I’ve got a lengthy piece about “Capital in the Twenty-first Century,” a new book about rising inequality by Thomas Piketty, a French economist, that is sparking a lot of ...
A unique analysis of district-level data reveals why inequality is so destructive to the home consumption welfare of people living below the poverty line, especially during times of significant ...
Carsten Thomassen, Isoperimetric Inequalities and Transient Random Walks on Graphs, The Annals of Probability, Vol. 20, No. 3 (Jul., 1992), pp. 1592-1600 ...