Our Mission

Photograph of exterior of the CUNY Graduate Center from a street cornerThe James M. and Cathleen D. Stone Center conducts and promotes quantitative research using inequality as a lens on society, the economy and politics.

The Senior Scholars, postdoctoral scholars, and students working within the Center share a commitment to scholarship that is data-driven, interdisciplinary, oriented toward policy and institutional change, and that addresses questions about inequality throughout the world.

Our core functions:

  • Researching the causes, nature, and consequences of socio-economic inequality, with a specific mandate to expand research on wealth concentration at the top;
  • Training and teaching new inequality scholars at the Graduate Center/CUNY across a number of academic disciplines;
  • Participating in discussions and debates on inequality through public programs and collaboration with journalists;
  • Housing the U.S. Office of LIS, the renowned cross-national data center based in Luxembourg.

The Center was created in 2016 with a generous gift from the James M. and Cathleen D. Stone Foundation. The Stones wanted to see more research on wealth specifically — with a focus on the causes and consequences of wealth concentration at the top — an area that had, historically, received less attention and funding.

“America’s attachment to a market economy is robust, and I believe that its prosperity is well secured by our culture of challenge and innovation,” Jim Stone said in an interview following the creation of the Center. “There is a danger that we may find ourselves living in a market economy where a tiny fraction of the people and a small number of institutions reap far too great a share of the rewards. This would be a democracy in name only.”

The Stone Center on Socio-Economic Inequality also has a satellite office in Rome. The Rome Office is overseen by Salvatore Morelli, the director of the GC Wealth Project. The Rome Office’s team is part of the InRome Research Group and is located within the Department of Law at Roma Tre University.

Download a two-page fact sheet about the Stone Center.

There is a danger that we may find ourselves living in a market economy where a tiny fraction of the people and a small number of institutions reap far too great a share of the rewards. This would be a democracy in name only.

— Jim Stone