“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 ...

The United States has the highest income gap in the developed world, and it's affecting how kids do in school, new research suggests. A new study reports that 10-year-olds' scores on standardized math ...

That’s a phrase we’ve heard over and over again since the onset of the COVID-19 pandemic. Indeed, we all live under the threat of a deadly disease—and a majority of Americans have adhered to public ...

Income inequality theory is a lot like ancient astronaut theory, in that in order to believe in it, you have to disregard a lot of evidence to the contrary. Let's start with the most basic premise of ...

Faced with the collapse of their argument that income inequality has risen dramatically in recent decades, Sen. Elizabeth Warren’s favorite economists have come back with an even more audacious claim.

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 ...

COVID-19 WAS never going to be good for the poor. At first, however, the disease was not associated with rising inequality. Richer economies tended to suffer larger declines in GDP per person than ...

In this paper we continue our investigation of entropy comparisons with emphasis on multivariate distributions. For multiparameter cases of the multinomial and negative multinomial distributions we ...