Some really interesting results from a new NBER working paper “Parametric Estimations of the World Distribution of Income,” by Maxim Pinkovskiy and Xavier Sala-i-Martin (Columbia University): Abstract ...

Built on Inheritance, Not Merit The world is moving from the era of the billionaire to the age of the trillionaire, and the ...

Posters featuring portraits of several world leaders line a road in Johannesburg, South Africa, on November 20, 2025, ahead of the G20 summit to be held there. Credit: AP foto/Themba Hadebe ...

Thanks to a renewed push by policymakers and two years of historically high gas prices, renewable energy is an issue that has climbed to the top of our national agenda. But in the United States, the ...

It would take $318 billion per year, or 0.3% of the world's economic output, to end most extreme poverty worldwide, according to newly published research.

We are at a critical juncture today in the fight against poverty. Despite decades of hard-won development progress, a world free of poverty remains out of sight. Ten years ago, the outlook appeared ...

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IN NAIROBI, a motorbike taxi driver who spent months hiding from his landlord during the covid-19 lockdown will be back on the road in 2022 and beginning to repay his debt. A farmer in rural Zambia ...

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