Professor of Wealth Inequality to visit CBS
Countries worldwide have seen a marked increase in both income and wealth inequality in the past decades. 82 % of all wealth created last year went to 1 % of the world’s population, according to an Oxfam Report (2018).
These are some of the numbers Professor of Wealth Inequality from INSEAD Mark Stabile will put into perspective at an open talk at CBS, 25 April, 15:00 to 16:00.
He will ask questions such as what is the right level of inequality? What is the right level of poverty? Does the American dream still exist?
Stabile's recent work focuses on inequality, poverty, child health, health care financing, and tax policy. He has advised the governments of the United States, Canada, and Ontario, among others, on health care reform and programmes to reduce child poverty.
Stabile will also present some data on Danish society and generally look at the impact of inequality on:
- social mobility
- public institutions
- wellbeing and health
- social cohesion
But Mark Stabile will also point to solutions. He believes that there are effective ways to reduce inequality through, for instance taxation and targeted social spending.
The talk will be moderated by journalist and TV host at DR Deadline Lotte Folke Kaarsholm and will be held in English. Everyone is welcome!
The talk is part of the national Science Festival 2019 and is hosted by the Business in Society Platform Inequality at Copenhagen Business School. Refreshments will be served afterwards.
- 82% of all wealth created last year went to top 1%
- 0 went to bottom 50%
- Top 1% of wealth holders have more wealth than bottom 99% combined.
- 8 richest people have same wealth as poorest 50% of the world, 3.6 billion people.
Source: Mark Stabile’s PowerPoint, based on the Oxfam Report, 2018.
Mark Stabile is the Stone Chaired Professor in Wealth Inequality and a Professor of Economics at INSEAD. He directs the James M. and Cathleen D. Stone Centre for the Study of Wealth Inequality.
|Time||Thursday 25 2019, 15:00-16:00|
|Place||Copenhagen Business School (SPs04)
Solbjerg Plads 3, 2000 Frederiksberg