Material success and social failure?

It is common knowledge that in rich societies the poor have shorter lives and suffer more from almost every social problem. Likewise, large inequalities of income are often regarded as divisive and corrosive.

Income inequality now greater in China than in US

(Phys.org) —Income inequality has been rising rapidly in China and now surpasses that of the U.S. by a large margin, say University of Michigan researchers.

Inequality is bad for society, economic prosperity good

Rich countries vary a lot when it comes to health and social problems. A comparison of social ills ranging from intentional homicides to obesity rates in 40 rich societies shows that Asian and European countries fare much ...

New study delves into income inequality and inflation

A new study by Edgar Ghossoub, associate professor of economics at The University of Texas at San Antonio, posits that income inequality, in varying economies, can have substantial positive and negative effects for people ...

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