Paris School of Economics
Coverage of Paris School of Economics in the Nexus archive.
- Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told
A wealth tax on UK households with over £100m in wealth, proposed as a 2% annual charge, could generate £10bn per year, according to a study by Gabriel Zucman and Ben Tippet. The measure, suggested to address wealth inequality and fund public services, would apply to fewer than 1,000 UK households.
- Hong Kong is world’s most unequal society for wealth distribution, study finds
Hong Kong is now the world’s most unequal society in wealth distribution, according to a study analyzing income and wealth inequality from 1981 to 2021. The study attributes rising inequality to a shift from wage disparities to capital concentration, which has reduced social mobility.
- The era of trillionaires will be dire for democracy. Here is how we can fight back | Gabriel Zucman
The article argues that extreme wealth, exemplified by Elon Musk's trillion-dollar fortune, creates a tension with democracy by enabling power to stifle competition, shape discourse, and influence policymaking. It highlights the risks of trillionaires to democratic systems and calls for measures like taxing billionaires to address the issue.