Rich

Will the economic recovery survive the end of emergency stimulus?

2021-07-19

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?

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The Redistribution Games

2020-10-02

Life 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 ...

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The Main Street Manifesto

2020-06-28

The 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.

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Inequality and Economic Growth

2020-02-03

Economic 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

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If Wealth Is Justified, so Is a Wealth Tax

2019-12-17

Not surprisingly, American billionaires have dismissed recent wealth-tax proposals as an affront to the entrepreneurial spirit to which they attribute their massive wealth.

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Why Rich Cities Rebel

2019-10-24

Having 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

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Is Greed Destroying Your Soul?

2019-09-30

Greed is less about accumulating wealth than filling an inner void.

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The Benefits of a Progressive Consumption Tax

2019-09-18

Many economists already favor a consumption-based tax system for raising revenue on grounds of efficiency and simplicity.

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Should We Worry About Income Gaps Within or Between Countries?

2019-09-15

The 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.

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Improving the Sustainability of Development Finance

2018-03-09

Trillions 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

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Amazon boss Jeff Bezos asks Twitter how he should spend $82bn fortune on good causes

2017-06-17

Social media was not short of responses. The billionaire, would-be philanthropist has received 15,000 responses within 24 hours

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Are eight men as wealthy as half the world’s population?

2017-01-25

Oxfam’s headline-grabbing comparison has some flaws

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