Wealth of people in their 30s has 'halved in a decade'

Richest 1% Now Wealthier Than the Rest of the World, Oxfam Says

The richest 1 percent is now wealthier than the rest of humanity combined, according to Oxfam, which called on governments to intensify efforts to reduce such inequality.

A 26-year-old MIT graduate is turning heads over his theory that income inequality is actually…

Wealthy tech founders and the automation of middle-class jobs are often blamed for increasingly concentrations of wealth in the 1%. But, a…

A Relentless Widening of Disparity in Wealth (Published 2014)

The economic forces concentrating more and more wealth into the hands of the fortunate few are almost sure to prevail for a long time, according to a new book by the economist Thomas Piketty.

The Climb: Wealth Inequality in America, to scale

Picture U.S. wealth as stacks of $100 bills: the median household’s is about 9 inches tall. The average top-1% household’s is 145 feet, and it keeps getting taller and taller…

The Mid-30s Awkward Phase No One Tells You About

We're supposed to live it up in our 20s and "own" 40. But what about the in-between?

$1 Trillion of Wealth Was Created for the 19 Richest U.S. Households Last Year

Total household wealth for the richest 19 U.S. households jumped to about $2.6 trillion in 2024, after the biggest one-year increase on record.

The Tipping Point: Most Americans No Longer Are Middle Class

In the post-World War II economy, most Americans lived in middle-income homes. But that has been shifting for decades. Today, middle-income families make up less than 50 percent of all households.

Welcome to the Millennial Midlife Crisis

As we enter our 40s, we’re being forced to confront something awful — not our mortality. Our finances.

Measuring Self-Control Problems

We develop a survey instrument to measure self-control problems in a sample of highly educated adults. This measure relates in the manner that theory predicts to liquid wealth accumulation and personality measures. Yet while self-control problems are typically seen as resulting in overconsumption and low wealth, we identify a significant group who underconsume and thereby accumulate high levels of wealth. In addition, self-control problems are smaller in scale for older than for younger respondents. Those who put money aside in retirement accounts may be delaying access to a point at which self-control problems are no longer important. (JEL D12, D14)

Economic Possibilities for our Grandchildren- John Maynard Keynes

We are suffering just now from a bad attack of economic pessimism. It is common to hear people say that the epoch of enormous economic progress which characterised the nineteenth century is over; that the rapid improvement in the standard of life is now going to slow down—at any rate in Great Britain; that a decline in prosperity is more likely than an improvement in the decade which lies ahead of us.

Young Households Are Losing Ground in Income, Despite Education (Published 2014)

The Fed’s 2013 Survey of Consumer Finances indicates that the median family headed by someone under 35 was paid less, in inflation-adjusted dollars, than a similar family in 1989.

If You’re Not Getting Rich in your 20s, You’re Doing it Wrong

Whenever something unusually interesting in the field of personal finance shows up in the news, Mr. Money Mustache hears about it. Our diligent network of Mustachian Volunteer Spies combs and filte…

Is Inequality Inevitable?

Wealth naturally trickles up in free-market economies, model suggests

Do the Rich Capture All the Gains from Economic Growth?

Adjusted for inflation, the US economy has more than doubled in real terms since 1975.

Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality | Oxfam International

                      Billionaires 4,000 times more likely to hold political office than ordinary people