The Institute is conducting research to better understand the drivers behind rising income inequality and their impact on economic and social development. The Institute’s perspective is that rising income inequality is symptomatic of a profound transformation of our economy being driven by globalization and machine intelligence and that the challenges this creates will not be solved by traditional public policy models of taxation and redistribution of wealth.
The project goals are to:
- Understand the drivers behind rising income inequality and their impact on economic and social development.
- Generate discussion across the public, private and nonprofit sectors around practical and transformative ideas to address the challenges income inequality present, from how we distribute income and deliver human services to how we educate the workforce and generate economic opportunity in society.
In 2015, the Institute focused its work around a working paper on income inequality prepared in 2014 and published in the Journal of Applied Corporate Finance, available here.