Hermit crabs' lesson on wealth inequality

Can hermit crabs teach us about a common global problem—wealth inequality? The answer is yes, according to a first-of-its-kind study published in the January issue of Physica A.

Parental income now a strong predictor of student success

The chasm between the rich and poor has distressed world leaders as both a moral failure and a growing threat to global economic and political stability. In a bold statement last fall, Pope Francis sharply criticized what ...

Are rich people more intelligent? Here's what the science says

From "White Lotus" to "Succession," there's high demand for television dramas about the super rich. The characters on these shows are typically portrayed as entitled, hollow and sad. But they aren't necessarily depicted as ...

This index measures progress and sustainability better than GDP

Conventionally, economists use gross domestic product (GDP) to estimate the sustainability of the economy and the quality of societal welfare. However, this approach is not only incorrect and logically flawed, but also in ...

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