We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with interge

Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than t

First published in 1937. An update of ‘The National Income’ 1924-1931. This volume collates four years of continuous work on the question of amount of expen

Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and

Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, m