With economic uncertainty, geopolitical polarisation and climate volatility redefining global relationships, South Africa's ...

Get Instant Summarized Text (Gist) High income inequality reduces public support for raising minimum wages, partly due to "is-to-ought" reasoning, where existing disparities are seen as justified.

When Donald Trump returned to the White House this winter, members of his circle set about creating an establishment that might suit their preferences. The President’s oldest son, Don, Jr., was among ...

Billionaires saw their wealth increase across the last four years due to policies put forth by the Federal Reserve, leading to financial boosts for the wealthy, economists say.

Economic modelling suggests that a basic income grant for all individuals aged between 18 and 59 could significantly reduce poverty and inequality in South Africa.

From 2020–21 to 2023–24, India's GDP per capita rose from $1,907 to $2,481, yet income inequality remained stable, with the Gini index around 0.42 and the Theil index near 0.33.

In any capitalist economy, some level of income inequality is to be expected — but when the gap between the rich and the poor becomes wide enough and persistent enough, negative effects can ...

More so than perhaps every other wealthy, highly developed country, the United States stands out on the world stage for its high level of income inequality. According to data from the ...

There are many ways to measure income inequality, including comparing people from different income percentiles and assessing how far away a country’s income distribution is from perfect equality ...

Key Findings. Income inequality increased most in Madison, WI. Income spreads between the highest- and lowest-earning quintiles increased by 4.56% in Madison year over year.

Inequality, on the other hand, is about the distribution of wealth or income across a society or the world. But they are related. Taking steps to reduce inequality will make it possible for more ...