About Us
M.I.N.D.S. is small economic research firm who is leading an effort to launch and run a large-scale, grassroots-led economic research campaign to explore how the grassroots sector collectively can address and solve the income inequality problem. Grassroots-led means we do not rely on investors, venture capitalists, financial institutions, big corporations, or the Government to fund or conduct this research. The grassroots public participate and engage operations professionally as part time freelancers working within their field of expertise or area of professional interest
Background: The Income Inequality Issue
Income inequality is the uneven distribution of income across a population. It's also known as the gap between the rich and poor, wealth disparity, or wealth and income differences. The primary reason for such large scale inequality is the fact that workers are not benefiting from the productivity they help create as illustrated by the second chart above.
For example, according to the Economic Policy Institute, between 1979 and 2025, workplace productivity is expected to increase by 86%, while hourly wages are projected to rise by only 32%. This disparity indicates that workers are not reaping the benefits of productivity improvements enabled by technology, thereby contributing to the issue of income inequality and we always look to the government and associated institutions to solve or address the issues.
What if the best way to address this issue is from the ground-up led by the grassroots sector, not the government? This is a question we address in this economic research.
Staff
M.I.N.D.S originates with the Dwight Chestnut, the founder and owner of M.I.N.D.S.