Multinational Organizations Best Address the Five Biggest Economic Challenges

Kalin Anev Janse, secretary general and a member of the management board of the European Stability Mechanism (the eurozone’s lender of last resort), considers five major challenges and why international organizations offer the best hope for managing them. The Brexit vote and the U.S. presidential election outcome signal dramatic changes in cooperation globally and a…

How to fight inequality with stocks

Fascinating research, though a lot depends on who manages the ESOP, as we have seen cases where ESOP shares were used to entrench management. New research from economist Jared Bernstein, previously the top economist to Vice President Joe Biden, finds that ESOPs actually reduce inequality a significant amount—and they might do it in a different…

Tax Havens Are Turning The U.S. Into An Unequal Aristocracy

Economist Gabriel Zucman is concerned about tax laws that contribute to income inequality and opportunity inequality. “There is a tipping point above which inequality becomes detrimental to growth and dangerous to society,” he said. “Nobody knows whether we are far or close from this tipping point, but it is there and it is coming.” He…

Income Inequality by Country (Courtesy GraphIQ Feed Original Research)

The Countries with the Most (and Least) Income Equality Guest post Ben Taylor You’ve heard statistics about how 10 percent of America owns 75 percent of the wealth and that the top 1 percent makes nearly 20 percent of all income. But is American prosperity really so unequal compared to the rest of the world?…