U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...

While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...

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 ...

South Africa exhibits one of the highest levels of income inequality globally, reflecting persistent spatial exclusion. This ...

AMES, Iowa – Job growth in the retail and service sector has not matched the wages of manufacturing and other middle-skill level jobs lost over the past decade in Iowa. The difference has contributed ...

Most current estimates put the U.S. median household income at around $75,000 to $80,000. But these figures do not account for the degree of the spread between the highest and lowest earners, a metric ...

The U.S. economy is more dependent than ever on the lavish spending of the wealthiest, The Wall Street Journal recently reported. The top 10% of earners (households making $250,000 per year or more) ...

The Baldy Center Podcast features Matthew Dimick discussing his recent book, Ending Income Inequality: A Critical Approach to the Law and Economics of Redistribution. Dimick explores how legal rules ...

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 ...

A new study published in Social Psychological and Personality Science has found that rising income inequality is associated with an increase in the number of hours people work. This relationship ...