From 2013 to 2016, the top 10% of U.S. households increased their share of total wealth from an amazing 75.3% to a stunning 77.2%. LM Otero / AP “The one who dies with the most toys wins.” “Them that ...

we have just published that takes an alternative approach to understanding the economy. Rather than focus on flow-based metrics of economic performance like gross domestic product, we constructed a ...

Ever since Adam Smith wrote "The Wealth Of Nations" almost 250 years ago, economists have puzzled over why some countries grow rich while others stay poor. Today, three economists won the Nobel Prize ...

The case for taxing wealth has historically come from the political mainstream – so why is it so unpalatable now?

Elon Musk’s wealth has surpassed $200 billion. It would take the median U.S. worker over 4 million years to make that much. Wealth inequality is eating this country alive. We’re now in America’s ...

In this episode of Tax Notes Talk, professors David Gamage and Darien Shanske discuss their recent paper, “Money Moves: Taxing the Wealthy at the State Level,” which lays out their argument for a ...

As Congress debates tax cuts and safety-net reforms in the One Big Beautiful Bill, a major line of attack against the proposal is that it would worsen inequality, which, to hear some critics tell it, ...

Plans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen.

Today we continue our study of the historical cycles suggesting a major crisis is in our near-term (5‒8 years) future. We don’t know the precise timing or nature of the crisis, but the patterns ...