Daron Acemoglu Argues the College Divide Now Defines U.S. Politics
Politics

Daron Acemoglu Argues the College Divide Now Defines U.S. Politics

The MIT economist's new book excerpt contends that educational segregation has insulated college-educated elites from no...

Sinead Brennan 👁 48 💬 0
Luxury CEO and Treasury Say the K-Shaped Economy Is Over, but the Data Tells a Different Story
Economy

Luxury CEO and Treasury Say the K-Shaped Economy Is Over, but the Data Tells a Different Story

Hilton’s CEO and Treasury Secretary Bessent claim the gap between rich and poor is narrowing into a ‘C-shaped’ recovery,...

Niamh O'Sullivan 👁 28 💬 0
Almost Half of Brazil’s Poorest Children Never Escape Low-Income Bracket, Study Shows
Economy

Almost Half of Brazil’s Poorest Children Never Escape Low-Income Bracket, Study Shows

A new Atlas of Social Mobility finds 48% of Brazilians born into the bottom 25% of households remain there as adults, wh...

Niamh O'Sullivan 👁 34 💬 0
Banque de France Data Shows €6,617 Average Current Account Is a Mirage for Most Households
Personal Finance

Banque de France Data Shows €6,617 Average Current Account Is a Mirage for Most Households

The average hides extreme inequality: 61% of French current accounts hold less than €1,500, while the top 11% account fo...

Shira Katz 👁 30 💬 0