Articles on Wealth inequality

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A look at spending inequality suggests America is a bit more equal than we thought. Economic inequality via www.shutterstock.com

We’ve been measuring inequality wrong – here’s the real story

A new study on inequality analyzes the impact of fiscal policy, dramatically altering the standard view of rich and poor in America. It may also change how voters and candidates think about the issue.
A man walks among crosses outside Pretoria, South Africa, representing farmers killed in violent attacks. Reuters/Juda Ngwenya

Illegal guns fuel violent crime, wreak deadly havoc in South Africa

South Africa's homicide rates have declined consistently since democracy, but remain among the highest in the world. They are about four times the global average at more than 30 per 100,000 people.
Children and families wait in line, as holiday gifts and toys are distributed to underprivileged children at the Fred Jordan Mission in Los Angeles December 21 2013. Phil McCarten/Reuters

It’s not a lack of self-control that keeps people poor

Does the definition of self-control – choosing long-term over short-term outcomes – even make sense for people who are short on time, money or both?
Leonardo DiCaprio plays Jay Gatsby in the The Great Gatsby. Jay’s story has been used by economists to explain the combination of unequal distribution of income and less economic mobility. Reuters/Andrew Kelly

Apartheid continues to cast shadow on equality of opportunity

Evidence on the ability, or lack thereof, of children to rise above the economic status of their parents shines light on the continued persistence of inequality, including in South Africa.

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