Imagine society as a ladder with 10 rungs. Where would you place yourself? That answer reflects your subjective social status—where you see yourself in society. Importantly, this is not necessarily ...
From soaring household debt to entrenched labor dualism, inequality – not innovation – has become the defining feature of South Korea’s new economy. South Korea’s post-war economic rise has often been ...
There are competing narratives about artificial intelligence’s impact on inequality. Some argue AI will exacerbate economic disparities, while others suggest it could reduce inequality by primarily ...
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 ...
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 ...
In his new book, the economist Thomas Piketty argues that the world can’t stop climate change without addressing issues of inequality. By Manuela Andreoni Climate change wasn’t a big topic in the ...
If we’re not careful, we could see widening gaps within countries and between them. Prominent AI researchers expect the arrival of artificial general intelligence anywhere between “the next couple of ...
Global inequalities are in bad shape and mostly do not appear to be getting better. Disparities today are about the same as they were in the early 20th century, and the pandemic continues to make ...
During the past two decades, Thailand has made progress towards reducing its significant levels of inequality. Yet inequality remains high. In 2021, with an income Gini coefficient of 43.3 percent, ...
Early morning magenta light illuminates clouds and the Moulton Barn on Mormon Row at the foot of the Grand Tetons near Jackson, Wyoming. Teton County, home to the affluent and famous Jackson Hole, has ...
If 2022 was the year the U.S. economy came roaring back like a lion, 2023 is more of a lamb. Modest job growth, consistent inflation, falling home prices, slowing GDP growth—meh. February was another ...
The world is not on track to meet its goal of ending extreme poverty by 2030. In fact, global progress to reduce extreme poverty “has grinded to a halt” over the past few years. We‘re in the middle of ...