Wealth inequality—closing the gap by taxing land and bequests

To reduce wealth inequality without diminishing the economic performance of a country, a policy package of bequest taxes and land value taxes could be the optimal solution. Such a policy package would, in fact, have a strong ...

Physics can predict wealth inequality

The 2016 election year highlighted the growing problem of wealth inequality and finding ways to help the people who are falling behind. This human urge of compassion isn't new, but the big question that remains to be addressed ...

Science versus the 'Horatio Alger myth'

In a new study published today in the journal PLOS ONE, Los Alamos National Laboratory scientists have taken a condensed matter physics concept usually applied to the way substances such as ice freeze, called "frustration," ...

'Bad' inequality on the rise, scholar says

In the United States, income and wealth inequality is growing – especially "bad" inequality caused by injustice, according to a Stanford expert.

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