Wealth Concentration

Two veteran economists help us comprehend how our economy became so unequal and what we can do to turn that economy — and our lives — around. Back in the...

Soaring fortunes are distorting how the art world operates, says a new industry study, and undermining the professionalism of the men and women in it. Want to get some cold...

What made last week's London rioting all the more 'achingly sad'? The rioters weren't challenging greed. They were celebrating it. Do we understand why? Oppressed people riot. Oppression and rioting...

The American political system isn't working for average Americans anymore. Don't blame the Tea Party, new research suggests. Blame inequality. In a sensible republic, democratically elected leaders come together in...

Like a pack of men in suits mud wrestling, Washington's budget battle would be entertaining to watch if we the people weren't about to get hurt. The zeal of Republican...

'Asset bubbles' have been roiling our economy ever since America's wealthy started supersizing three decades ago. But another bubble, this one enveloping those wealthy, may be just as essential to...

The world's ultra rich, those 103,000 deep pockets with at least $30 million to invest, could afford to pay off the entire national debt of the world's biggest deadbeat nations...

Amid fierce fiscal austerity, a borough in London is doing battle to level up the poor and level down the rich. Imagine if a borough in New York tried something...

If we grow apart as we grow economically, new research suggests, we will never grow happier.