Tag: World Inequality Report 2026

Highlights of World Inequality Report 2026

The number of billionaires has surpassed 3,000, with Elon Musk becoming the first person to hold over half a trillion dollars in wealth. However, this extreme wealth concentration is happening amidst widespread hunger, with one in four people globally facing food insecurity. The issue isn’t just the lavish spending of billionaires, but how they use their wealth to influence politics, governments, and media, undermining democracy and fairness. As US Supreme Court Justice Louis Brandeis said, ‘We must make our choice. Either we can have extreme wealth in the hands of the few, or we can have democracy. We cannot have both’. This report is about that choice.

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Moral Reflections on Economics, Vol 6, Issue 3

March 2026 issue (Vol 6, Issue 3) of Moral Reflections on Economics features

• “Fasting in Ramadan and UN Sustainable Development Goals” by Salman Ahmed Shaikh.

• “The Erosion of Value: A Macroeconomic Analysis of Inflation”  by Ahmed Mohamed.

• Highlights of World Inequality Report 2026 by Muhammad Hammad.

• Book review of “Islamization of Human Sciences” by Prof. Mohd. Yusof Hussain.

• Research paper in focus on “Islamic Economics and Economics as a System of Power” by Dr. Adem Levent and Dr. Fahriye Afacan.

• Regular sections of reflections, market news, economic and financial indicators and call for papers.

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