A New York economist Ivaylo Angelov presents his new economic theory: “Closing the wealth gap: A theory with a two-sided approach,” which has attracted great attention from business communities around the world.

Ivaylo’s theory addresses the root cause of economic inequality by identifying two distinct groups of individuals that make up society and seeking solutions tailored to their unique needs.

Ivaylo is a member of the National Association for Business Economics in Washington, DC and the Economic Forum. He has won several awards for his research, including 3rd prize at the 2016 Digital Economics & Innovation Conference, 2nd prize at the 2016 Economy, Startups & Entrepreneurship Conference, 2nd prize at the 2016 Economic Leadership Conference, 3rd prize at the 2016 th prize at the International Economic and Entrepreneurship Contest 2017 and 3rd prize at the National Economic Conference 2017. Ivaylo was also nominated for 40 Under 40 for 2023.

In his latest theory, Closing The Wealth Gap: A Two-Faceted Approach Theory, Ivaylo challenges the notion that a one-size-fits-all solution can close the wealth gap. He argues that the wealth gap persists because of two distinct groups of people in society: those with a good education and stable employment but limited opportunities for career advancement, and those with limited education and entrepreneurial drive.

Ivaylo’s theory proposes a targeted solution for each group. He suggests that people with a good education and employment should develop entrepreneurial skills and encourage them to take on more responsibility in their career or their company.

Ivaylo cites successful immigrant entrepreneurs in the US who have used their education and entrepreneurial spirit to achieve success. Ivaylo’s theory has garnered considerable attention from business communities around the world and has been praised for its unique approach. They believe his theory could play a crucial role in shaping economic policy to bring about a fairer…