Charitable giving goes down as income inequality goes up, Duquette study finds
New research from USC Price School of Public Policy Assistant Professor Nicolas Duquette shows that when the rich get richer, they don’t donate more to charitable causes. Duquette’s paper “Inequality and Philanthropy: High-Income Giving in the United States 1917-2012” shows that historically, when inequality has been high, giving as a share of income has been relatively low. On the other hand, when inequality was low, the rich gave a high share of their incomes.