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What Happens When Every Citizen Receives a Universal Basic Income

Later this year, Stockton, a city in California with a 25% poverty rate, will conduct an unusual experiment: Roughly 100 of its citizens will receive …

Canada’s health-care system is a point of national pride. But a study shows it’s at risk of becoming outdated.

TORONTO — When the Canadian Broadcasting Corporation asked Canadians to pick the greatest-ever Canadian in 2004, they did not select hockey star Wayne Gretzky or Nobel laureate Sir Frederick Banting, who co-discovered insulin.<p>They chose Tommy Douglas, who almost lost a leg to a bone infection as a …

Health Care

A village in Kenya is quietly disproving the biggest myth about basic income

KENYA — Maurice Owiti is 47 years old and works as a caregiver in a rural Kenyan village. In a poor community such as his, Owiti is lucky to have a job. But until late 2016, spending even $20 a month on school fees for his son was a struggle.<p>Then a charity called GiveDirectly showed up in October …

Income Inequality

Trump Suddenly and Summarily Fires the Remaining Members of His HIV/AIDS Advisory Council

‘We were trying to play nice with those people. We were trying to use our inside voices. But now we have to go outside and scream and holler.’<p>Six …

American inequality is unequally distributed, and got lumpier after the Great Recession

Since the Great Recession, the wealth gap between poor whites and poor blacks and Hispanics collapsed (all the poor people are living in similar …

13 economists on the research that shaped our world in 2017

At the end of every year, culture critics get to compile best of the year lists. But why should they have all the fun? Just like films and albums, economics research deserves a little reflection. To identify the research that mattered most in 2017, Quartz decided to call in some help, enlisting …

Income Inequality

Thank the rich. They’re the ones paying for everything

People at the top of the income distribution get a lot of grief these days. The popular view seems to be that no one making a lot of money really …

Trump’s phony populism is fully exposed in the Republican tax bill

This bill is not for the forgotten men and women of America.<p>Donald Trump promised a presidency for the forgotten Americans.<p>“The forgotten men and women of our country will be forgotten no longer,” Trump said as he stood on the Capitol steps in January after taking the oath of office. “Everyone is …

Childbirth is killing black women in the US, and here's why

<b>(CNN) —</b> It was her second time lying numb in a hospital bed in North Bergen, New Jersey, with blood streaming down her legs and fear creeping into her heart.<p>At that moment, Timoria McQueen Saba thought to herself, "there's no way in the world that I'm the only woman who had this happen," she …

Pregnancy

Human rights and NCDs – integrated and indivisible

LanguageEnglish A national level football sporting club based in Kolkata, India, teaches football to a group of young boys from vulnerable …

Rights & Freedoms

What the World Bank's shift from public to private funding means for development

Making economies work for more people is a political task, not a technical exercise. The World Bank has just conceded this – without meaning to do so.<p>…

France Makes Vaccines Mandatory For All Children

On the heels of a rapidly-spreading Measles outbreak, France will now make vaccines mandatory for 11 diseases starting in 2018.<p>To vaccinate children or not has been a hotly debated question for years. While numerous studies have shown that vaccines are safe and effective, anti-vaxxers blame them …

A tale of two Canadas: Where you grow up affects your income in adulthood

In Canada, geography is destiny: Your financial future, to a surprisingly large degree, depends on the place in Canada where you happen to grow up.<p>That reality is revealed on this map and our accompanying set of interactive graphics, produced using a new analysis of millions of Canadians’ income …

Humans are most atrocious when we live under the weight of great inequalities

The evidence overwhelmingly suggests greater equality pays dividends at every stage of life. So why, in the UK, are we led to believe that inequality is ‘normal’?<p>“Inequality falls as collapse in unemployment helps poor families.” So read the headline on a recent UK news story, reporting the latest …

Income Inequality

The worst thing poor whites are inheriting could be a lack of hope

Inequality between the rich and poor in the United States is not just about the dollars and cents in people’s bank accounts. Sometimes, the more powerful factor in people’s futures is not how much money they grew up with, but the expectations they were taught to have.<p>Carol Graham, a scholar at the …

Income Inequality

The gap between the top 5% and everyone else has dramatically grown over the last 50 years

If the average person in the US feels as though they are going nowhere fast, there is a real reason for it.<p>Federal Reserve data shows people are earning less than they did 17 years ago. But the real story is even worse than that.<p>The chart below shows that median income in the US is actually down …

Rich Americans live up to 15 years longer than poor peers, studies find

You can’t buy time – except, it seems, in America.<p>Increasing inequality means wealthy Americans can now expect to live up to 15 years longer than their poor counterparts, reports in the British medical journal the Lancet have found.<p>Researchers said these disparities appear to be worsened by the …

Health Care

Government Paid for Poor Citizens' Health Care Some 300 Years Before Obamacare

The British colonists brought taxpayer-funded services with them to North America. For centuries after, government’s role in serving the needy wasn’t questioned.<p>There has always been government-subsidized health care in the United States. Until just after the Civil War, when state governments took …

Well-Off Whites Get The Biggest Housing Subsidies There Are

Last month, Forbes contributor Chris Ladd indicated how many social benefits, like retirement savings and healthcare, were provided by employers and yet subsidized by taxpayers. If you have a job that provides good health insurance, then your employer pays the majority portion. You don’t pay taxes …

Housing

Globalization Is Just a Contemporary Word for Financial Colonialism

We who live in imperialist countries owe an enormous debt of solidarity to people in countries like Bangladesh, which are being ransacked by our …

Economics

Throughout history, the best ways to reduce inequality have been disease and destruction

How do you solve a problem like inequality? Economic policymakers have been grappling with this for a long time, with varying degrees of urgency. The search for solutions has become increasingly serious since the 1980s, when inequality began rising again, recently reaching historic highs.<p>But the …

Income Inequality

The World's Most Radical Experiment in Monetary Policy Isn't Working

During Japan’s go-go 1980s, Hiromi Shibata once blew a month’s salary on a cashmere coat, wore it a few times, then retired it. Today, her daughter’s idea of a shopping spree is scrounging through her mom’s closet in Shizuoka, a provincial capital.<p>“About a third of my wardrobe is hand-me-downs from …

Central Banks

Why South Koreans now live longer than Americans

And will soon live longer still.<p>Athletes from South Korea and America will compete for medals at the Winter Olympics in Pyeongchang — but at least in one way, the South Koreans are already winning.<p>As recently as 1960, most South Koreans couldn’t expect to live past 55. Today, they can expect to …

The Only Thing, Historically, That's Curbed Inequality: Catastrophe

Plagues, revolutions, massive wars, collapsed states—these are what reliably reduce economic disparities.<p>Calls to make America great again hark back to a time when income inequality receded even as the economy boomed and the middle class expanded. Yet it is all too easy to forget just how deeply …

Girls see themselves as less talented than boys by age of six, scientists find in 'heartbreaking' research

Girls as young as six believe that exceptional talent is a male trait, according to "heartbreaking" research into gender stereotypes.<p>They also shun activities and games for the "really, really smart" from the same age, believing their male counterparts are more likely to exhibit "brilliance", the …

Gender

I saw enough at Davos to convince me that the global elite isn't interested in ending inequality

This month the world’s 1 per cent are gathered in Davos, Switzerland, at the World Economic Forum (WEF). Their goal? To reshape our world and to turn …

The 16 countries with the world's best healthcare systems

The organization compares 104 variables to come up with its list, splitting those variables into nine subindexes. One of the big components of the ranking is how healthy a country's people are.<p>Health is measured by three key components by the Legatum Institute: a country's basic mental and physical …

The Hidden Inequality Of America’s Street Design

New data shows that pedestrians in the U.S. are more likely to die if they’re poor, a person of color, uninsured, or old.<p>Urban design has a long history of perpetuating racial and economic inequality, and the burden of bad streets is still being disproportionately borne by underserved populations. …

Activehours, which makes every day a payday, just raised $22 million in Series A funding

What if you didn’t have to wait every two weeks to receive a paycheck?<p>What if you could be wired the money you earned almost immediately after a shift?<p>What if, unlike with payday lenders, you didn’t have to pay interest on those payments? Instead, you were merely encouraged to donate a kind of tip …

10 of the most commonly misused words and what they actually mean

Last year an expert said that English was evolving at a faster rate than it has at any other time in history, with researchers at Instagram also …