The soaring cost of housing has helped make capital ownership more profitable than work.
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Articles on Income inequality
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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.
Not only has income inequality in Australia grown over the past two decades, rich and poor are also more segregated in terms of where they live in the big cities.
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.
In work poverty is a sign the icy tide of capitalism is now lapping at our ankles in the global north.
New ONS data indicate that the UK’s poorest households are doing better and the richest are worse off. But this isn’t the full picture.
New research finds higher property prices are associated with higher household income and spending inequality.
Some people evidently think wealth inequality is a good thing, but there’s plenty of evidence to show the problems it causes.
Digital devices can make a real difference in treating chronic diseases. But many who have these conditions are poor, and they often cannot afford the devices.
The Christian left has played a strong role in America’s history. In this election too, it is not silent.
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.
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.
Like in the US and UK, Australian companies should be forced to disclose how the pay of CEOs compares with that of an average worker.
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.
Income poverty statistics tell us relatively little about why Australian children live in poverty, or how to alleviate it. But housing plays a critical part in the problem.
The new level of inequality that is emerging in Australia is not only a challenge to our morality but a serious threat to our future economic growth.
The major presidential candidates each gave an economic address this week. Get behind the problems they identified and the promises they made with this roundup of key coverage from our archive.
Australia has become collectively richer but much more unequal in recent decades.
Income inequality and political polarization have both surged in recent decades and are the worst they’ve ever been. Is one causing the other?
Wages are stagnating and women have not benefited nearly as much as men from earlier wage increases. And what if small business isn’t the powerhouse we’ve been led to believe? What recent HILDA data has to tell us about gender, income and work.
Top contributors
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Part-Time Professor of Economics, The New School
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Peter Whiteford is a Friend of The Conversation.
Professor, Crawford School of Public Policy, Australian National University
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Professorial Fellow and Deputy Director (Research), HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
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Professor/Economist, Massachusetts Institute of Technology (MIT)
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Professor, Bordeaux Schoool of Economics, Université de Bordeaux
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Professor, UTS Business, University of Technology Sydney
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Professorial Fellow, Jumbunna IHL, University of Technology Sydney
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Emeritus Professor, Department of Political Economy, University of Sydney
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Research Professor in Social Policy, UNSW Sydney
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Professor of Housing & Social Policy, Centre for Urban Transitions, Swinburne University of Technology
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Emeritus Professor, University of Sydney
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Halford Mackinder Professor of Geography, University of Oxford
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Professor, ESCP Business School
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Professor of Strategy, Economics and Foresights, Hult International Business School
