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The William T. Grant Foundation is an American non-profit foundation that funds research in the social sciences, with a particular focus on reducing inequality in youth outcomes and improving the use of research evidence in public policy and practice settings.
He retired from both the W. T. Grant Company and the Grant Foundation at age 90, yet still served in an honorary capacity until his death in 1972 in Greenwich, CT at age 96. By that time his nationwide empire of W. T. Grant Co. (Grants) and Grant City stores had grown to almost 1,200, although the company failed in 1975 and was soon liquidated.
Although some spoke out in favor of moderate inequality as a form of incentive, [296] [297] others warned against excessive levels of inequality, including Robert J. Shiller, (who called rising economic inequality "the most important problem that we are facing now today"), [298] former Federal Reserve Board chairman Alan Greenspan, ("This is ...
A particular focus of his research has been school structure, educational inequality, and school reform. [ 3 ] In 2013 he became the president of the William T. Grant Foundation, which funds social science research meant to improve the lives of young people.
William A. "Sandy" Darity Jr. (born April 19, 1953) [1] is an American economist and social scientist at Duke University.Darity's research spans economic history, development economics, economic psychology, and the history of economic thought, but most of his research is devoted to group-based inequality, especially with respect to race and ethnicity. [2]
In developmental economics, the Poverty-Growth-Inequality Triangle (also called the Growth-Inequality-Poverty Triangle or GIP Triangle) refers to the idea that a country's change in poverty can be fully determined by its change in income growth and income inequality. According to the model, a development strategy must then also be based on ...
In 1906 the first "W. T. Grant Co. 25 Cent Store" (equal to $8.48 today) opened in Lynn, Massachusetts.Modest profit, coupled with a fast turnover of inventory, caused the stores to grow to almost $100 million (~$1.73 billion in 2023) annual sales by 1936, the same year that William Thomas Grant started the W. T. Grant Foundation.
[8]: 208 Inequality has risen in most developed countries since the 1960s, so graphs of inequality over time no longer display a Kuznets curve. Piketty has argued that the decline in inequality over the first half of the 20th century was a once-off effect due to the destruction of large concentrations of wealth by war and economic depression.