People tend to associate with others who are in a similar financial position, making them underestimate the true levels on ...

While global economics can sometimes seem boring, at its core lies the Gross Domestic Product (GDP) per capita. This figure ...

Why do some nations thrive while others collapse? Tolstoy’s famous quote applies to economies - successful nations share key traits, while failed states unravel in distinctive ways. From corruption ...

In recent years, governments worldwide have expressed concern over rising inequality, eroding social cohesion, and declining ...

If people do not observe inequality, they are less likely to favor policies that redistribute wealth, such as taxation—but ...

Talk of the K-shaped economy is brewing once again. The moniker first gained traction in 2020 to describe the divergence ...