On average, people in larger cities are better off economically. But a new study published in the Royal Society Interface builds on previous research that says, that’s not necessarily true for the individual city-dweller. It turns out, bigger cities also produce more income inequality.

Trials show how universal basic income performs in both stable and volatile settings but alternative and adjacent policy ideas need serious exploration.

Response to: "If civilization restarted and you had to pick the best location to build the first city, which location would you choose to ensure a long term strategic and economic advantage?"

The difference between CEO and median employee pay grew in 2020 despite the Covid pandemic and ongoing relief efforts.

We do not know how much climate change will cost us. Yet that cost is the ‘externality’ missing from fossil fuel prices (Gollier 2021), which needs to be incorporated by either taxing or capping carbon emissions (as in the EU Emission Trading System). Plausible assumptions about that cost could justify carbon prices anywhere from a few dollars to hundreds of dollars per tonne.

Major reforms reducing taxes on the rich lead to higher income inequality but do not have any significant effect on economic growth or unemployment, according to new research by LSE and King’s College London.

Positive views of capitalism declined by double-digits among young Republicans.

The billionaire class isn’t just a group of people who happen to be superrich. It’s a dynastic oligarchy with a single overriding objective: controlling the government to protect its inherited wealth.

The rivalry with China is palpable but history teaches us lessons about how it’s easier to blame others than blame ourselves

Shared ownership means Australian industries are far more concentrated than traditional metrics suggest.

Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories.

Economic well-being fell sharply for people without a high-school degree in 2020, while rising for more-educated groups.

The recent pandemic stimulus checks were a fairly accurate trial run of UBI.

The pandemic took the concept of universal basic income out of the hands of Silicon Valley tech bros—and brought it to the people.

Most Chinese workers retire by 60. But with the population aging and pension funds running low, the government says that must change.

A CEO who cut his own salary to give all of his employees a minimum wage of at least $70,000 per year says his company's revenue has tripled since he made the move. 

There are better ways to follow the Rev. Dr. Martin Luther King Jr.’s call for a guaranteed income.

It would be a dangerous mistake to let fear of inflation and then a bursting bubble in the financial sector hamstring the economy that could make good jobs for real men and women who have been telling us for decades that this is what they want.

Housing advocates predict both a tsunami of evictions and a significant rise in homelessness

It is only a recent phenomenon