Why is income inequality a problem?

Consider also this: The rise of income inequality and wealth inequality are intimately connected, and causes all sorts of problem over the long term. As Emmanuel Saez and Gabriel Zucman write,. read more

Income inequality has a snowballing effect on the wealth distribution: top incomes are being saved at high rates, pushing wealth concentration up; in turn, rising wealth inequality leads to rising capital income concentration,which contributes to further increasing top income and wealth shares. read more

No, it is famously immune to solution given that it always and everywhere follows the same Pareto distribution. read more

Inequality doesn’t bring growth, it brings economic instability. In recent years there has been a marked slowing of growth across the world’s wealthiest economies, with none returning to the growth trends experienced before the crisis. read more