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Tuesday, January 07, 2025 | 03:48 AM ISTEN Hindi

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Did inequality increase during pandemic? Wait for more data to get answers

It might be in the nature of economic modernization and industrialization for inequality to at first increase and then decline.

us, Covid-19, coronavirus
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Within the US, the very real forces pushing toward more inequality have been counteracted by an unprecedented outpouring of government aid

Justin Fox | Bloomberg Opinion
It is widely believed that the Covid-19 pandemic and the reactions to it by governments and businesses accelerated an already-strong trend toward increasing economic inequality in the US People on the political left think this and people on the political right do too, a heartwarming exception to the political polarization of our age.
 
This belief is also based on some actual evidence. Thanks to big increases in the prices of stocks and other assets after the initial shock of the pandemic, the nation’s billionaires have in fact added many billions to their net worths, while lots of affluent homeowners and

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