4 min read.Updated: 11 Apr 2019, 12:23 AM ISTDiane Coyle
Income inequality in the West is near historic highs, wealth gaps are even worse and economic insecurity is widespread
Despite ever-improving conditions for millions of people around the world—documented by entities like the University of Oxford’s Our World in Data and highlighted by scholars like Steven Pinker—popular discontent is on the rise in many places. The reason is simple: whereas the first trend is being driven by low- and middle-income countries, the second is concentrated in high-income countries.
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