Humans prefer relatively equal distributions of resources, yet societies have varying degrees of economic inequality. To investigate some of the possible determinants and consequences of inequality, here we perform experiments involving a networked public goods game in which subjects interact … Continue reading
The US government does not represent the interests of the majority of the country’s citizens, but is instead ruled by those of the rich and powerful, a new study from Princeton and Northwestern Universities has concluded. The report, entitled Testing … Continue reading
Economic inequality is rapidly increasing in the majority of countries. The wealth of the world is divided in two: almost half going to the richest one percent; the other half to the remaining 99 percent. The World Economic Forum has … Continue reading
La desigualdad económica crece rápidamente en la mayoría de los países. La riqueza mundial está dividida en dos: casi la mitad está en manos del 1% más rico de la población, y la otra mitad se reparte entre el 99% … Continue reading
The one percent, those at the top of the income and wealth distributions, are fundamental to understanding social and economic inequality and mobility, but sociologists rarely focus research attention on this group. This article presents updated evidence showing that both … Continue reading
Although wealth is one of the pillars of the economic system, reliable data on personal wealth ownership is in short supply. The Credit Suisse Global Wealth Report aims to help bridge this deficit by providing the most comprehensive, reliable and … Continue reading
This document presents details on the wealth and income distributions in the United States, and explains how we use these two distributions as power indicators. Some of the information may come as a surprise to many people. In fact, I … Continue reading
In Plenitude economist and bestselling author Juliet Schor offers a groundbreaking intellectual statement about the economics and sociology of ecological decline, suggesting a radical change in how we think about consumer goods, value, and ways to live. Humans are degrading … Continue reading
It is a confounding moment in American political history. On the one hand, evidence of democratic possibilities is undeniable. In 2008, millions of Americans helped catapult a man of half-African descent into the White House long before observers thought the … Continue reading
The United States holds the dubious distinction of having the most unequal income distribution of any advanced industrialized nation. While other developed countries face similar challenges from globalization and technological change, none rivals America’s singularly poor record for equitably distributing … Continue reading
