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Economists Demand Global Action on Wealth Inequality Ahead of G20

11/15/2025

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Summary

Story summary

Over 500 economists, including former U.S. Treasury Secretary Janet Yellen, call for an independent international panel to address income and wealth inequality.
The appeal precedes the G20 summit in South Africa, where Joseph Stiglitz will present a report urging action against rising inequality.
The Stiglitz report shows the richest 1% captured 41% of new global wealth from 2000 to 2024, while 2.3 billion people face food insecurity.

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Story summary

Over 500 economists, including former U.S. Treasury Secretary Janet Yellen, call for an independent international panel to address income and wealth inequality.
The appeal precedes the G20 summit in South Africa, where Joseph Stiglitz will present a report urging action against rising inequality.
The Stiglitz report shows the richest 1% captured 41% of new global wealth from 2000 to 2024, while 2.3 billion people face food insecurity.