You’d think falling housing prices might help people on low incomes, but history shows downturns often increase inequality. And many buyers who took out big loans during the housing boom are at risk.
Articles on Wealth inequality
Displaying 41 - 60 of 121 articles
The T-Mobile-Sprint merger is the latest example of weakened enforcement of antitrust laws, which reduces competition and exacerbates already-record levels of inequality.
The gap between rich and poor is at record levels in the U.S., yet it varies widely among the states. A political scientist explains why.
The phoney debate about corporate activism distracts from the need for a debate about inequality.
High levels of inequality damage our health, harm social cohesion and act as a brake on economic performance.
Most of the gains from the record economy went to those at the top, while everyone else saw much smaller gains – if any – in income and wealth.
Ardern’s coalition government promised to overhaul New Zealand’s welfare system, but its response to a comprehensive report by an expert advisory group has been disappointing at best.
Democratic lawmakers have offered a number of ways to reverse decades of widening economic inequality. A tax expert gives them a closer look.
Thanks to a long history of exclusionary government programs, the typical black family now has only 10 cents for every dollar held by the typical white family.
Americans are increasingly struggling to save enough for retirement. If Social Security isn’t saved, growing old in poverty will likely become more common.
While government payments and programs go some way to reducing inequality, the transformation of the labour market and its institutions has cut workers’ share of the pie to historic lows.
This is the first article in a series, Reclaiming the Fair Go, to mark the awarding of the 2018 Sydney Peace Prize to Nobel laureate and economist Joseph Stiglitz.
The Productivity Commission neglected the impact of housing costs. After allowing for these costs, the top 10% of households’ average disposable income grew at 2.7 times the rate of the bottom 10%.
A new study shows that natural disasters enrich white victims while hurting people of color, worsening wealth inequality. And government aid contributes to the problem.
New legislation may boost growth rate of employee-owned companies in the US, easing the impact of one of the largest transfers of wealth in American history.
Inequality is being driven by a focus on maximising shareholder value to the exclusion of other stakeholders.
Barack Obama was asked to give the Mandela Lecture because he represents what the global liberation struggle icon stood for. He struck the right chord.
The largest cities in Australia and the US are both the richest and the most likely to push out low-income earners. Having cities of all sizes will increase people’s choices of where to live and work.
Competition between neighbours turns up the volume on inequality. Homicide and civil war may be the result.
Inequality is decried at campaign rallies and in the global commentariat. But little is being done at any policy level.
Top contributors
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Associate Professor in Urban Geography, The University of Melbourne
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Part-Time Professor of Economics, The New School
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Professor, Crawford School of Public Policy, Australian National University
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Professor, Department of Philosophy, University of Victoria
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Adjunct associate, Swinburne University of Technology
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Professor of Economics and Public Policy, ANU College of Arts and Social Sciences, Australian National University
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Emeritus Professor, Department of Political Economy, University of Sydney
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Professor of Economics, University of Michigan
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Associate professor, University of Sydney
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Professorial Fellow and Co-Director, HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
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Professor, UTS Business, University of Technology Sydney
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Professor of Housing & Social Policy, HHAUS Housing, Homelessness & Urban Studies, Swinburne University of Technology
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Professor Emerita of Law, Vanderbilt University
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Professor of Business and Society, University of Technology Sydney
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Associate Research Professor of Information Systems, Arizona State University; Institute for Humane Studies