While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...

Does living in an unequal society make people unhappy? Not necessarily, reveals the largest study ever conducted on the subject. Nicolas Sommet, a social psychologist and research manager at the LIVES ...

In “Economic Sociology,” Charles A. Dana Professor of Sociology Francesco Duina presents students with a social and philosophical question. “I ask, ‘How many of you like a lot of inequality?’ Usually ...

U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...

Raising the minimum wage can help address economic inequality, but support has declined as the gap between rich and poor has increased, according to new research from the School of Management.

Since 2020, the five richest men in the world have doubled their fortunes while almost five billion people have become poorer. A growing sense of economic injustice and insecurity is contributing to ...

Growing dissatisfaction among the population, loss of trust in politics, increase in crime and violence: Economic inequality leads to a variety of social consequences. Nevertheless, the issue plays a ...

We are trying to raise ourselves by our own bootstraps given that our community generally lacks capital. Credit is a privilege associated with wealth. Black people have generally had fewer assets, ...

I played in the NFL for 7 years. If we could change the profit system in something as quintessentially American as professional football, we can change it anywhere.

In an upcoming article entitled “‘Our Country Needs a Strong Leader Right Now’: Economic Inequality Enhances the Wish for a Strong Leader” (Sprong et al., 2019), the authors conducted three empirical ...

“Dilexi te.” In English, “I have loved you.” That is the title of Pope Leo XIV’s first teaching, released last week. Now, Marketplace doesn’t often cover the minutiae and teachings of the Holy See.