Unlike wealth statistics, income figures do not include the value of homes, stock, or other possessions. Income inequality refers to the extent to which income is distributed in an uneven manner among ...

Why are some countries rich and others poor? It’s among the most important questions in economics—in all the social sciences—and one at the heart of the work for which MIT’s Daron Acemoglu and Simon ...

KUALA LUMPUR, Feb 5 — Malaysia has the highest rate of income inequality among peers nearing high-income status, with intra-ethnic disparity being the biggest contributor despite the widely-held ...

The statement, posted by @fintech_shark on X (formerly Twitter), quickly went viral, sparking heated debates on income inequality in India. “Anything less than 60LPA is poor. You pay 70% income ...