Got a spare $250 million? If you’re among the 0.1 percent, you probably do.
Income inequality, the most common way to measure the gap between the rich and the poor, only tells part of the story. Wealth inequality tells the rest.
Marine One arrives in the Alps.
AP Photo/Evan Vucci
The Conversation scholars analyze a few of the key themes and speeches that punctuated the three-day gathering of global elites in the Alps.
At least one economist worries we’ll be mostly poorer.
AP Photo/Go Nakamura
We asked four of our regular economics writers to examine a key theme they expect to flare up in 2018 and why.
A Democratic aide carries a chart past the Senate chamber.
AP Photo/J. Scott Applewhite
While much has been written about why the GOP's tax plan would exacerbate income inequality, there are two reasons it's even worse than you think.
Perceptions of the levels of both income and wealth inequality are derived from our day-to-day experiences.
If the gap between the wealth of the billionaires and that of the average residents continues to widen dramatically, there is likely to be discontent.
Wealth in Australia is much more unequally distributed than income.
AAP Image/Mick Tsikas
The two major sources of data show conflicting trends on income inequality.
We need to consider whether values are the basis of beliefs about inequality.
Who do you trust? Increasingly the answer seems to be nobody, especially when it comes to inequality.
Wealth inequality remains a problem in Australia, but it is lower now than in the years leading up to the GFC.
The data show wealth inequality has grown but is lower now than before the GFC. And overall household income inequality has barely shifted since the start of this century.
Providing more support for families with children is a key way to grow the middle class.
Kristen Wyatt/AP Photo
Trump should drop his plans to cut taxes and instead look to some of our closest friends to learn what policies actually work to build and sustain a vibrant middle class.
The soaring cost of housing has helped make capital ownership more profitable than work.
Wealth inequality is no 21st-century phenomenon. But it was decisively shaped by public policy during the last 100 years as economies emerged from war and redesigned the structures for life.
BlackRock Inc is relatively unknown outside financial circles, but it owns the largest share in the biggest 299 companies in the world.
Today the world is dominated by 30 financial corporations that hold more than half the shareholdings of its corporate giants. And they follow the logic of finance capital – the logic of money.
The Turnbull government’s line that supply is the key to affordability finds little support among housing experts.
Housing experts writing for The Conversation largely agree on the government policies that are causing negative distortions in the market and the wider economy. And supply is not the key concern.
If a second airport creates another centre of activity in western Sydney, then it won’t just be air travellers who benefit.
Our big cities increase incomes faster than population growth, but most residents miss out on the extra income growth. Creating multiple centres of activity may help make bigger better for everyone.
According to Oxfam these eight men have as much wealth as 50% of the world.
According to the latest Oxfam report, the richest eight people in the world are as wealthy as the bottom 50% of the world's population. But let's scrutinise these numbers a bit more.
French economist Thomas Piketty spends less time explaining why excessive wealth inequality matters.
Some people evidently think wealth inequality is a good thing, but there's plenty of evidence to show the problems it causes.
U.S. middle class, R.I.P.?
Middle class demise via www.shutterstock.com
Finding a way to reduce inequality is key not only to solving a host of other problems but also to rescuing America's fast-disappearing middle class.
The U.S. could do with a shot in the arm too.
Bear syringe via www.shutterstock.com
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
The super rich are a symbol of growing wealth inequality.
Dallas Rogers speaks with Ilan Wiesel and Ray Forrest about the impact of the super rich on local politics, our cities and wealth inequality.
Share a little?
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Rather than pursue self-interested policies that widen the gap between rich and poor, companies can invest in their workers, curb income inequality and make more money all at the same time.