“Inequality is bad for economic growth and bad for poverty reduction. In the past researchers were not able to exactly quantify the effect of inequality in the context of economic shocks. This graph ...

Periodic rises and falls in the gap between the rich and poor over centuries indicate that inequality will not grow forever, argues Branko Milanovic. For the past 30 years or so, income inequality has ...

Vida Maralani began her career studying whether education is, in fact, the ticket to socio-economic advancement and reducing inequalities, as she’d been taught. “I’ve evaluated some of the most ...

Journal of Applied Probability and Advances in Applied Probability have for four decades provided a forum for original research and reviews in applied probability, mapping the development of ...

Thousands of fast food workers took to the streets this week, staging strikes in protest over their low pay. In states where the minimum wage has not been raised above the federal level, if a worker ...

Faced with the collapse of their argument that income inequality has risen dramatically in recent decades, Sen. Elizabeth Warren’s favorite economists have come back with an even more audacious claim.

This is a graduate-level course focused on techniques and models in modern discrete probability. Topics include: the first and second moment methods, Chernoff bounds and large deviations, martingales, ...