Big Money Comes to Inequality Research
Economists like Paul Krugman see it as a drag on the nation’s economy and a barrier to innovation. Barack Obama has gone further, declaring it the "defining issue of our time." Pope Francis frames it in moral terms, calling it "the root of social evil." They are all talking about inequality, a word that now peppers news stories and new books, and has come to describe a post-recession anxiety for policy makers, activists, philanthropists, and grant makers.