“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 ...
Inequality Matters: The Growing Economic Divide in America and Its Poisonous Consequences, edited by James Lardner and David A. Smith, is a collection of articles on the disparities between rich and ...
For those of you who don’t remember the Global Financial Crisis of 2008 (it even has its own acronym, GFC), it was no walk in the park. From late-2007 to mid-2009, a downturn in the US housing market ...
Political commentators, academics and others have been wringing their hands over threats to democracy in recent years. A new study helps us better understand one of the possible driving forces behind ...
If economic inequality increases within a country, the risk of civil war breaking out grows. This is the finding from a study by the Chair of Economic History at the University of Tübingen following ...
Forbes contributors publish independent expert analyses and insights. Josie Cox is a New York-based journalist covering business and gender. Jan 14, 2025, 09:10pm EST The research comes just ahead of ...
We've all heard the stories of inheritance. Whether it went smoothly or was a tug-of-war, a huge part of a family's continuation is through the legacies of the elders before them. Sociology has long ...
The K-shaped economy is as apparent as ever, and isn't going away anytime soon, economists said. It's now seen as more of a facet of the modern U.S. economy than a passing fad. This disparity can help ...
Editor’s Note: Jon Lukomnik is a longtime institutional investor, former deputy comptroller of New York City and an adjunct professor at Columbia University. He has authored several books, including ...