Count on one thing: if Mark Twain, the famed American author of “Tom Sawyer” and “Huckleberry Finn,” were alive today, he would certainly have written a novel about Donald Trump. After all, his 1873 ...

Inequality in the U.S. has risen to levels not seen since the 1920s. The top 1 percent pocket more than 20 percent of the nation's income, and the 400 richest people in the country own more wealth ...

For more than four decades, Robert Reich has been ringing the alarm bell about rising inequality in America. He did it as a ...

The federal government significantly and intentionally misreports income distribution, sparking bad policies and political divisions. That’s the argument former senator Phil Gramm and two other ...

It’s what you know that ain’t so.” “The Myth of American Inequality,” by Phil Gramm, Robert Ekelund and John Early, quotes that wisdom, then offers 250 pages of analysis proving it.

The lowest 20% of earners (under $29,000 per year) could face a 6.2% income loss due to tariff-driven price hikes, while the top 1% (over $915,000 per year) could lose just 1.7% of their income [24].

Sen. Bernie Sanders calls the current growth in income inequality “obscene” and “unsustainable.” The official Census measure of income inequality has grown by 22% since World War II.

Paying the price: Income inequality and coronavirus Income inequality has given the rich a greater share of the economic spoils than middle- and low-income earners. That's resulted in a very real ...

The next 14 years were bad. Income inequality didn’t increase—Americans stagnated together. RGDP growth fell to 2.54%, and inflation skyrocketed to 6.82%.

Wealth and income inequality have many causes, and it’s pretty much beyond dispute that any well-functioning capitalist society will have some degree of disparity between the richest and the ...

The BIS study measured income inequality by the Gini index, a standard metric but one that tends to understate the type of inequality driven by large increases for the top 1 percent.