You Searched For "inequality" and got 20 results
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2 mins read
11.9 lakh excess deaths in 2020 during the pandemic, 8 times more than official estimates, notes a recent study
Looking at social groups, the researchers found that high caste Hindu groups experienced a life exp…
PTI
2 mins read
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
2 mins read
The US battle against Chinese trade could hurt the Americans it's supposed to protect, Harvard professor says
Putting up higher barriers presents a separate set of risks, Kenneth Rogoff said.
Filip De Mott
4 mins read
Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.
Universal basic income is quickly gaining traction, with several trials and some famous proponents …
Theron Mohamed
4 mins read
Baltimore gave young parents $1,000 a month. Participants used the money to pay bills and secure stable housing.
Baltimore gave low-income parents $1,000 a month for two years. Participants used the money for bil…
Allie Kelly,Noah Sheidlower
5 mins read
Gen Zers and millennials are willing to go on summer vacation at all costs. Literally.
Multiple surveys also found young people are willing to put travel plans ahead of their financial g…
Dan DeFrancesco
3 mins read
A Nobel-winning economist told us 3 ways a Trump presidency could make inflation worse
Inflation has slowed but is above its ideal rate. Nobel Prize-winning economist Joseph Stiglitz bro…
Madison Hoff
1 min read
The top 4 ways big corporations are fueling global wealth inequality: report
In its annual inequality report, Oxfam International found it will take some 230 years to solve pov…
Katie Balevic
5 mins read
Welcome to the age of geriatric millionaires
Millionaires have been getting older, and holding onto their wealth for longer. It's creating a Kin…
Juliana Kaplan
2 mins read
Inequality rising since 2000s, top 1% in India holds 40% wealth, says study
Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 pe…
PTI
1 min read
Anthropic CEO says we need to think bigger than a universal basic income if we want to solve the AI inequality problem
Anthropic CEO Dario Amodei says AI will change the economy so drastically that a universal basic in…
Lakshmi Varanasi
1 min read
Wealth inequality and 'billionaire supremacy' have gotten so bad that at this rate, it will take 230 years to end poverty
Oxfam International said top billionaires have become $3.3 trillion richer since 2020. Meanwhile, 6…
Katie Balevic
2 mins read
Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.
A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…
Katie Balevic
4 mins read
Kenya is experimenting with universal basic income. Here's what the US could learn about no-strings payments.
Kenya's universal basic income program, which will continue through 2030, is offering no-strings ca…
Allie Kelly
3 mins read
India wants to be the new China. Modi's shock election result shows it won't be easy.
Decision-making and policy changes in the world's largest democracy will take far longer than they …
Huileng Tan
3 mins read
A 43-page IMF report on AI warns of 'profound concerns' about massive labor disruptions and inequality. We asked GPT-4 to summarize it.
GPT-4 concluded the report finds AI presents "significant risks" and recommended policymakers remai…
Dominick Reuter
6 mins read
The big lie about sleep
When it comes to slumber, what matters most is how rich you are.
Jeremy Ney
3 mins read
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
2 mins read
Don't feel bad for Gen Z and millennials they'll work less and live longer, Jamie Dimon says
JPMorgan CEO Jamie Dimon said Gen Zers and millennials would probably work just 3.5 days a week, av…
Theron Mohamed
4 mins read
To feel middle class, you have to be wealthy
Middle-income Americans aren't middle-class; that's reserved for the rich now.