If Mass Poverty is Declining, Why should We Worry about High Inequality?

by Pranab Bardhan There is widespread concern about increasing or high economic inequality in many countries, both rich and poor. At a global level, according to the World Inequality Report 2018, the richest 1% in the world reaped 27% of the growth in world income between 1980 and 2016, while bottom 50% of the population … Continue reading If Mass Poverty is Declining, Why should We Worry about High Inequality?