Prosperity is about more than money. But what else should count?

More than two decades ago, Professor Andrew Oswald worked at the London School of Economics, UK, when he organised what he says was the world's first conference on the economics of happiness. He put up posters, invited speakers, ...

Too much inequality impedes support for public goods

Too much inequality in society can result in a damaging lack of support for public goods and services, which could disadvantage the rich as well as the poor, according to new research from the University of Exeter Business ...

Want effective policy? Ask the locals

As multinational organizations such as the United Nations strive to improve life for people across the globe through initiatives like the Sustainable Development Goals, there is a tendency to look for indicators that can ...

Artificial intelligence, the future of work, and inequality

One of the most spectacular facts of the last two centuries of economic history is the exponential growth in GDP per capita in most of the world. Figure 1 shows the rise (and the difference) in living standards for five countries ...

Study finds gap between rich and poor growing regionally, too

There's an old saying about a rising tide lifting all boats—and for more than a century, as the gap between the richest and poorest parts of the U.S. shrank, it seemed as though, in America at least, it might be true.

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