The Netherlands is often cited as proof that high taxes can reduce inequality. But the data tells a more complicated story.

A dramatic technological change like the rise of artificial intelligence makes the case for curbing extreme wealth even more ...

Wealth inequality by race remains staggeringly high, but it has gradually declined throughout the pandemic. This is different from the experience of the Great Recession, when after 2007 the disparity ...

One need only glance at headlines about Jeff Bezos, Elon Musk and other super-wealthy individuals to understand that wealth in America is increasingly concentrated in fewer and fewer hands. Inequality ...

Debates about inequality often jump straight from moral outrage to policy wish lists, skipping the harder question of what a ...

This increasing concentration of wealth, reflected in worsening wealth inequality, beyond a certain point is harmful for the ...

The divergence seems to be due to higher income groups benefiting disproportionately from policy changes and also because ...

Many economists are looking at income and wealth patterns to understand why, especially in the United States, the rich have grown wealthier over time while the middle class has grown less financially ...

The story of the growing inequality in the United States has many dimensions. There is the overarching story of the last four decades of polarizing income, wealth, and opportunity. But the many ways ...

Congress reacted to the massive economic turmoil brought on by the pandemic with a series of large-scale interventions. Those helped boost wealth for all households. Lower-income and middle-income ...

The wealth gap has widened to historic levels. Half of Americans hold just 2% of all the nation’s wealth, while two-thirds of it is held by the top 10% of households. Over the last two years, many ...

When Saundra Davis decided to change careers in her mid-40s, she opted to earn a master's degree in financial planning. Her goal, she says, was to understand what wealthy folks knew about acquiring, ...