There is a simple theory of inequality in which rich people have nearly all the wealth and income, and do nearly all the spending, while poor people struggle along with the minimum of those things ...
Income inequality between countries may have eased in recent decades, but the gap within nations continues to widen. Take France: Its poverty rate clocked 15.4 percent in 2023, th ...
For many Americans, the national debt—now approaching $30 trillion—is an afterthought that must always take a backseat to the social and economic problems of the day. Now, it's the COVID-19 pandemic ...
Capitalism has a public relations problem. While many will grudgingly admit that capitalism, the economic system based on private property and free trading, yields faster rates of economic growth, ...
Most Americans think there is too much economic inequality in the country these days, and about half say addressing inequality requires significant changes to the economic system. Even so, among those ...
We are standing on the cusp of a new technological revolution. AI is increasingly permeating every aspect of our lives, with intelligent machines transforming the way we live and work. The potential ...
If you're like most Americans, you get the bulk of your cardio from marching in—or fleeing from—pitchfork-wielding mobs. These days, those mobs tend to be chasing oligarchs with their fancy castles ...