rise in the ratio of household wealth to GDP in the rich countries since the 1980s and the role played by the build-up of … income and wealth inequality that has accompanied the rise in the wealth/income ratio, especially in the US and Britain; on … a progressive global tax on net household wealth; and on the progress that has been made in the US and Europe in …

This paper compares changes in relative and absolute wealth concentrations to establish if both processes have followed … similar trajectories. The findings indicate that while the level of relative wealth concentration has increased recently, it … is not extraordinarily high in an historical perspective. On the contrary, the level of absolute wealth concentration is …

world of increasing inequality. For what is left of the twenty-first century he foresees a less meritocratic society with an … enhanced role for inherited wealth. In this article I do not criticize the data on which his conclusions are based, but his … organized and that his fundamental inequality compares incomparable variables. I argue that his concept of inherited wealth is …

constructing a novel database covering approximately the 80% of the global output and the 60% of the world population, two major … findings stand out. First, the world underwent a spectacular process of capitalization. The share of world individuals with … composition of capital and labor income is, therefore, more equal today than it was twenty years ago, and the world is moving …

the acquisition of wealth by low- and moderate-income families, worsening inequality in general and the racial wealth gap … in particular. Most families have no meaningful financial assets other than their social security wealth. Unlike other … retirement savings, however, social security wealth is “dead capital,” completely inaccessible to families in need of resources …

. Using Economic Freedom of the World as a measure of free economic institutions, it finds that a one standard deviation …

, especially if taxes and income support are included, in many countries in the developing world and the US. A focus on inequality … driven by technology and globalisation, not by poor corporate governance. And the returns to wealth being (relatively) high … should be expected given the riskiness of owning wealth, and is actually necessary to ensure that investment occurs …