Inequality

THE BROAD VIEW

The economics of women’s weight

A more promising response is Universal Basic Capital or UBC – giving everyone, not just the wealthy, a stake in the assets that are generating outsized returns, says the writer.

The wealth gap is widening. The answer isn’t more handouts – it’s a stake

The richest 10 per cent in France hold around two-thirds of total wealth, which represents around six times annual economic output compare to three times in 1970.

French senators warn of wealth ‘black box’ in tax system

Surveys show that people expect higher inflation than what official data or forecasts say, with grocery and energy prices shaping these views disproportionately. 

Are we in an affordability crisis?

Taxing wealth via property tax, stamp duty, and motor vehicle-related taxes results in suffering for the middle-income and upper-middle-income groups too, says WP MP Louis Chua.

Top 1% of Singapore households hold 14% of total household wealth; top 5% hold 33%: Jeffrey Siow

The latest figures include a group whose effects on inequality were previously overlooked: property-owning retirees, especially landlords.
COMMENTARY

Should landlords worry? Singapore’s new inequality data suggests tough conversations will continue

Home equity – property value less outstanding mortgages – forms over half of average household wealth across all wealth quintiles.

Top 20% of Singapore households hold average wealth of S$5.3 million: MOF

Household coverage will now include non-employed households alongside employed households.

Singapore median household market income up 6.8% in real terms

Tesla and SpaceX chief Elon Musk became the first individual to exceed US$500 billion in net worth.

Billionaires’ wealth hits new peak as their clout grows: Oxfam

Between 2000 and 2024, one per cent of the world’s population captured 41 per cent of all new wealth, of which just one per cent went to the poorest 50 per cent, a report said.

‘Inequality crisis’ threatens democracy, experts warn G20