Issue 356

Dear Dr. Dollar: Do People Care About Extreme Inequality?

The extreme inequality we have in this country is not fair. According to a report from the National Bureau of Economic Research (NBER), in 2016 the bottom 40% of households on average had a negative net worth (assets minus liabilities) of $9,000. In that same year, the richest 10% of households had

Brazil's 10-Year Downward Spiral

Crisis or Collapse?

Try Higher Wages