Economic inequality has increased in nearly all countries for the past decades. Institutions and policies do matter in preventing it.
As a record number of private jets landed in Davos in January 2019 for the World Economic Forum, non-profit Oxfam released its annual inequality statistics. The report stated that the 26 richest billionaires own as many assets as the 3.8 billion people making up the poorest half of the planet’s population. It added that, in