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Explore the world of engaging and enlightening content with our live infotainment news coverage. Get real-time updates on stories that educate, entertain, and inspire.

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Cleveland Fed Governor Loretta J Mester believes interest rates should go higher… Richmond Fed Governor Thomas Barkin: I also want to reduce inflation, And if more increases are what s necessary to do that I m comfortable doing that – Investment Watch

Cleveland Fed Governor Loretta J Mester believes interest rates should go higher… Richmond Fed Governor Thomas Barkin: I also want to reduce inflation, And if more increases are what s necessary to do that I m comfortable doing that – Investment Watch
investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.

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Opinion | Is Education No Longer the Great Equalizer ?

Opinion | Is Education No Longer the Great Equalizer ?
nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.

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The growing concentration of wealth in Italy | VOX, CEPR Policy Portal

Paolo Acciari, Facundo Alvaredo, Salvatore Morelli 24 April 2021 Growing wealth disparities can have corrosive effects on equality of opportunity when they crystallise over time and turn into persistent disparities across generations. This column uses newly assembled data from Italian inheritance tax records to show that the wealth share of the top 1% (half a million individuals) increased from 16% in 1995 to 22% in 2016, and the share accruing to the top 0.01% (the richest 5,000 adults) almost tripled from 1.8% to 5%. In contrast, the poorest 50% saw an 80% drop in their average net wealth over the same period. The data also reveal the growing role of inheritance and gifts inter vivos as a share of national income, as well as their increasing concentration at the top.

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