Many economists worry that economies in the rich world could face a similar fate. The past 18 months of lockdowns have left surprisingly few economic scars. A brisk recovery is under way. But has the damage from covid-19 been avoided, or merely deferred?
detailsLife is not the Olympics, where talent and training determine an athlete’s performance. It’s more like a Roman arena in which well-armed gladiators vanquish unarmed ...
detailsThe historic protests sweeping America were long overdue, not just as a response to racism and police violence, but also as a revolt against entrenched plutocracy.
detailsEconomic policymakers can no longer afford to view inequality as an issue separate from boosting employment and incomes. Addressing it through a wealth tax, combined with more effective antitrust policies and enforcement, has become essential to sustainin
detailsNot surprisingly, American billionaires have dismissed recent wealth-tax proposals as an affront to the entrepreneurial spirit to which they attribute their massive wealth.
detailsHaving lost touch with public sentiment, officials in Paris, Hong Kong, and Santiago failed to anticipate that a seemingly modest policy action (a fuel-tax increase, an extradition bill, and higher metro prices, respectively) would trigger a massive socia
detailsGreed is less about accumulating wealth than filling an inner void.
detailsMany economists already favor a consumption-based tax system for raising revenue on grounds of efficiency and simplicity.
detailsThe rise of populist nationalism throughout the West has been fueled partly by a clash between the objectives of equity in rich countries and higher living standards in poor countries.
detailsTrillions of dollars will be needed to fund the world s human development goals, and domestic banking sectors in rich and poor countries will be part of the solution
detailsSocial media was not short of responses. The billionaire, would-be philanthropist has received 15,000 responses within 24 hours
detailsOxfam’s headline-grabbing comparison has some flaws
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