A narrow definition such as income inequality does not capture the vast disparities in power that define our society.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

India’s income inequality is at its highest level since the Indian Income Tax Act was introduced in 1922, claims a recent paper by well-known economists Lucas Chancel and Thomas Piketty. The top one ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Robert Kelly ...