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The Big Picture brings together a range of PS commentaries to give readers a comprehensive understanding of topics in the news – and the deeper issues driving the news. The Big Question features concise contributor analysis and predictions on timely topics.
When Growth Becomes Dangerous
At the start of 2018, equity prices remain at an all-time high, and the global economy is on track to grow by 4% or more in the next year. But with the share of income and wealth held by the bottom 90% continuing to fall, while the share going to the top 1% continues to rise, many workers might reasonably ask what good growth is doing them.