Consumption Inequality News Today

Current estimates of inequality do not tell us much about the process of wealth concentration in the country, and how that varies across regions.

Previous research has shown a substantial increase in income inequality between rural and urban China as well as across and within regions in China during its growth process. Focusing on rural China, this column provides further evidence that the formal and informal mechanisms that previously protected households against unanticipated income changes weakened considerably from

In this article, Real Alternative Party discusses the theoretical framework of the Criminal Procedure and Evidence (Controlled Investigations) Bill, by

Consumption inequality. rich people do not consume much more than poor people today. the difference between what poor people and rich people consume is shrinking ever, ever -- they are getting closer. john: you brought a catalog along to make a point? >> yeah. the typical american worker then had to work 30 hours to buy this vacuum, and today, they only work six hours to buy a better one. the poor are getting richer in america because of the innovative capitalism. [applause] >> i study history a...