Details on the wealth and income distributions in the United States (1% of households control 35% of the wealth), and how to use these distributions as power indicators.
Affluence and Influence
Why policymaking in the United States privileges the rich over the poor
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 Algebra of Wealth: A Simple Formula for Financial Security by Scott Galloway
A must-have guide to optimizing your life for wealth and success, from bestselling author, NYU p...
The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure
A report shows that a $50 trillion redistribution of income to benefit the richest has made America less healthy, resilient, and secure
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)
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.
$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.
Rules of Thumb in Household Savings Decisions: Estimation Using Threshold Regression
The rules of thumb offered by financial advisors regarding how much to hold in liquid reserves vary widely and usually imply far greater sums than low-income ho
Economic Inequality
How is inequality measured, who produces key databases, and what does the data tell us?
Economic Inequality
How is inequality measured, who produces key databases, and what does the data tell us?
1% for the People
Capitalism is the undisputed powerplant of global prosperity. Since Adam Smith first described the “invisible hand” that allows economies to be efficiently self-organizing and self-renewing, every attempt to supplant it with a competing system has failed spectacularly.
BETTER THAN FREE | Edge.org
This super-distribution system has become the foundation of our economy and wealth. The instant reduplication of data, ideas, and media underpins all the major economic sectors in our economy, particularly those involved with exports — that is, those industries where the US has a competitive advantage. Our wealth sits upon a very large device that copies promiscuously and constantly.
Choosing a path for wealth redistribution | willowbl00
We’re all suffering under capitalism. There are lots of efforts out there to shift the world to a better place. And yet, it doesn’t yet feel like enough, at least to me. So I want to start logging what I’m seeing out there in the world, so far as fighting back. I know it’s there. Hell, I know a lot of people doing the actual work. I take small steps in my own life to help create a more just world. But I truly feel like we’re on the cusp of something different. As Saul Williams opened with when I saw him last year, we are the death doulas of empire.
How can you tell if someone is kind? Ask how rich they are.
Studies show that the wealthy are less empathetic than the poor, whether they're driving a car or serving in Congress.
How can you tell if someone is kind? Ask how rich they are.
Studies show that the wealthy are less empathetic than the poor, whether they're driving a car or serving in Congress.