Income inequality hardly changed during the COVID-19 pandemic

Zsolt Darvas When the COVID-19 pandemic hit in 2020, several analysts predicted increases in within-country inequality. For example, Furceri et al (2022) 1  showed that major epidemics over the past two decades have raised income inequality. They warned that in the absence of long-lasting supportive policies to protect the vulnerable, the COVID-19 pandemic would increase inequality significantly. Πηγή: Bruegel […]

Ιδιωτικό κεφάλαιο και δημοκρατία

Μεταφέρω επιστολή αναγνώστη στην Φαϊνάνσιαλ Τάιμς της 29 Ιανουαρίου 2024, με τίτλο “Democracy would not be the capitalist’s first choice”. Η ιστορία, φευ και η συγκυρία, δεν διαψεύδουν το επιχείρημα. “Edward Luce (‘Wall Street’s bar­gain with Trump’, Opinion, January 25) stresses that capitalism goes ‘hand in glove with the rule of law’. Not so, actually. […]