A Growing Number of Economists Are Joining the Fight to Rein In the Big Banks
The fortunes of the five richest men in the world have “shot up by 114 percent since 2020,” according to a January 2024 Oxfam report on global inequality, while “nearly five billion people have been made poorer.” This most recent gross increase in wealth and income inequality builds on global trends that took hold in the early 1980s, with the decades-long increase in inequality being particularly...