Economic Inequality

Economic Inequality

Book cover of "Ignorance" by George G. Szpiro, featuring red tape bars over the phrases: what we do not know, cannot know, must not know, and refuse to know—reflecting the pervasive power of ignorance.
George Szpiro explores the philosophical ideas that explain why justice — not freedom or efficiency — may better anchor a fair society.
Book cover of "The Wage Standard" by Arindrajit Dube, featuring blue steps forming an upward arrow and highlighting key labor market issues and solutions through the wage standard.
In this excerpt from The Wage Standard, Arindrajit Dube explains how "monopsony" gives some employers the power to set wages below competitive levels.
A checkerboard pattern of blue and beige squares features line art of people, abstract graphs, black pixel clusters, fingerprint-like textures, and hints of AI lessons woven throughout the design.
Handled right, AI has potential to bring back middle-skill jobs lost to the rise of computers, economists argue. Or, like the mechanized mills of the past, it could toss whole sectors out of work.
Split image: Left side shows a military aircraft releasing a missile mid-air; right side displays a US dollar bill and Iranian currency partially overlapping.
From bombed reactors to inflation and blackouts, a cascade of crises is testing the Islamic Republic’s resilience like never before.
A grid of twelve black-and-white icons representing various scientific fields, with “Artificial Intelligence” highlighted in red under a polygonal brain illustration.
The case that a bipartisan movement structured around progress and reform may be reaching critical mass.
Bogumil Baranowski, dressed in a dark suit, white shirt, and patterned tie, stands and smiles in front of a plain light blue background.
The investment advisor and host of the Talking Billions podcast explores childhood curiosity, building networks through kindness, and more.
Collage featuring photos of wildlife, ancient stone carvings, and a camel, with the text "THE NIGHTCRAWLER" at the top on a gray grid background—an homage to Sean B. Carroll’s explorations of nature and history.
Welcome to The Nightcrawler — a weekly newsletter from Eric Markowitz covering tech, innovation, and long-term thinking.
A hand holding several U.S. dollar bills, digitally altered with a green color scheme and glitch effects, represents the future of income in a rapidly changing digital economy.
Agentic AI pioneer Chetan Dube considers ways that everyone can be lifted by the tide of AI, not just those with the capital to leverage it.
Map showing income per capita in 1300 (US dollars, 1990 PPP) across Europe, the Middle East, North Africa, and Asia, with regions shaded by income brackets.
A comparison of wealth gaps in ancient empires reveals stark differences and lasting consequences.
Two maps show relative GDP per capita in Europe comparing 1900 and 2010. Darker shades indicate higher GDP relative to the EU average.
In 1900, the UK clearly was the richest country in Europe. That's no longer the case.
A person sits on a sidewalk near an escalator entrance, next to an overturned shopping cart on a metal grate.
An evidence-based policy movement is arming the fight with tools and programs that are more effective than ever before.
World map highlighting the Brandt Line, dividing the Global North and Global South across continents.
In 1980, Willy Brandt drew a line across the map that still influences how we think about the world.
A grayscale photo of a man is on the left page of an open book, while the right page features an illustration of a white dove with red accents on a yellow background, symbolizing freedom.
Historian Timothy Snyder talks with Big Think about how true liberty requires both negative and positive freedoms.
A person in a suit stands on stage, gesturing with both hands while speaking into a headset microphone, passionately discussing direct giving in their presentation.
Big Think guest writer Rory Stewart — former UK Secretary of State for International Development and co-host of The Rest Is Politics podcast — made a profound discovery about leadership while working with GiveDirectly.
Person holding an open, empty brown wallet with both hands, outdoors.
While the concept stretches back centuries, it has garnered significant attention in recent decades.
People examining a detailed architectural model of a building and its surrounding area at an exhibition, reflecting the impact of the Chinese economy on urban development.
Misinterpreted data may be distorting Western predictions about the future of China's economy.
View of a cityscape through a large glass window framed by steel beams, showcasing high-rise buildings burdened with debt under an overcast sky.
Consumer debt shapes American lives so thoroughly that it seems eternal and immortal, but it’s actually relatively new to the financial world.
Woman wearing pixelated sunglasses sits at a desk, with graphic overlays of a line graph demonstrating workplace equality, classical figures in discussion, and a clock indicating 2 o'clock.
Rich is brilliant at his job. He completes work in half the time of his coworkers. Should he have to sit at his desk just as long?
An illustration of an undergraduate man sitting at a desk.
College students once stood out from the pack on IQ tests. Today, they're about average.
A woman shopping in an ALDI grocery store.
To see a true cross-section of American society, head to Applebee's, Buffalo Wild Wings, IHOP, Chili’s, and Olive Garden.
A Mercedes Benz parked in front of a building in Beijing, China.
China has always been one of the world’s wealthiest nations, but Chinese wealth looks different across the country’s eventful history.
A man surrounded by clocks in a room.
In a world without clocks, people used common activities in place of time units. How long it took you to go to the toilet mattered.
A man is laying on the ground next to an escalator.
While the steep rise of inequality in the United States is well-known, long-run data on the incomes of the richest shows countries have followed a variety of trajectories.
a painting of a group of people in a factory.
In an age of high quit rates, struggling low-wage employees, and tone-deaf leadership, the call for “good jobs” makes great sense.
a pink pig with a smile on its face.
One reason saving is hard: We tend to view our "future selves" as complete strangers, and our decisions in the present moment reflect that.
Million Stories
a pile of money sitting on top of a pile of money.
If a person stands little chance of ever being wealthy, perhaps playing the lottery is a rational decision.