The gathering of global political and industrial leaders in Davos each year leads many observers to wonder: Who benefits in the long term from economic growth and corporate profits? Society as a whole or just a select few at the very top? One way to approach that question is by looking at how the entire wealth of a given society is distributed among individual members of that society. Read more.
We should have told them to be more specific. When President Trump and his fellow Republicans in Congress called their massive tax overhaul last year the “Tax Cuts and Jobs Act,” most of us assumed the jobs would be in the United States. Read more.