Income Inequality

The Complex Relationship Between Innovation and Economic Segregation

It’s not just the tech industry that’s responsible for America’s stratifying cities.<p>Not too long ago, cities were bending over backward to attract high-tech companies, which they saw as offering good, high paying jobs. City after city developed programs designed to turn them into the “next Silicon …

Innovation

Russia And U.S. Are Nearly Tied As Leaders In Income Inequality

Russia’s income gap is widening to American levels, according to a landmark new study of Moscow's post-Communist balance sheet.<p>Politics in the United States might look increasingly like Russia, with a macho president who bashes the press, promotes loyal propagandists, contests elections and winks …

Social Justice

Fact check: Does the data show that income inequality has fallen?

The claim<p>The notion that Australia is becoming less equal has become a point of contention in political debate, with Opposition Leader Bill Shorten …

Social Justice

How Central Banking Increased Inequality

By: Louis Rouanet <br>Although today high levels of inequality in the United States remain a pressing concern for a large swath of the population, …

Conservative View

Russian inequality is worse than imagined; worse than other post-Soviet states

The World Wealth and Inequality project's latest white-paper, co-authored by Thomas "Capital in the 21st Century" Piketty, painstaking pieces …

Russia

The inequality you can't change that lasts a lifetime

If you’re a healthy white man, live in the city and come from a wealthy family chances are you’ll be better off than someone with a different …

Sociology

Global interpersonal inequality through the crisis period

What the data say -- and don't say -- about changes in the distribution of income within and between countries.<p>Continue reading: Global interpersonal …

Economics

Russia is becoming more like America in a way that could be deeply divisive

The United States has become increasingly enmeshed with Russia in the wake of its meddling in the 2016 presidential elections. When it comes to the economy, and inequality specifically, the feeling turns out to be mutual.<p>A country that presented a radical experiment in forced income equality under …

Business

Without equality of income there can be no equality of opportunity

If moving forward is the goal, it’s a not a good policy to stand still. Yet we hear little from the government about solutions to Britain’s poor …

Social Justice

70 years of Independence: India's life expectancy, literacy indicators look up, while IMR, income inequality are worries

In the 70 years since independence, India has made most progress in improving life expectancy, literacy, but has been slower in improving the level …

Geography

Health inequality gap ‘is still growing’ in England, new Department of Health data shows

Poor people face years of failing health and earlier death compared to the rich, despite government pledges to reduce inequality<p>The health gap between rich and poor is growing in England, according to shocking figures compiled by the Department of Health.<p>Despite government pledges to reduce …

Health Care

Don't listen to rich people — inequality is bad for everyone

A world where a few people have most of the wealth motivates others who are poor to strive to earn more.<p>And when they do, they’ll invest in businesses and other areas of the economy.<p>That’s the argument for inequality. But it’s wrong.<p>Our study of 21 OECD countries over more than a 100 years shows …

Social Justice

Why income inequality is so much worse in the U.S. than in other rich countries

My column Friday was about why the $15-minimum-wage-obsessed grass-roots left should get more fired up about expanding other kinds of tools to help poor people. Particularly ones that don’t make the poor more expensive to hire, such as the earned-income tax credit, food stamps, housing vouchers, …

Social Justice

Occupational licenses may reduce income inequality

The Wall Street Journal highlights a study by Clemson University economists Peter Blair and Bobby Chung which purports to show that occupational …

Business

Wealth inequality is even worse than income inequality

You probably know the numbers on income inequality by now: The share of all income going to the top 1 percent of Americans now stands at around 20 …

Social Justice

Studies Show People Favor Chance to Improve Economic Standing Over Reducing Income Inequality

<i>COD Newsroom/Flickr</i><p>In 2008, the housing market bubble burst, people lost their jobs, their homes, and their futures. Since then, college graduates …

Social Justice

Bucshon Gets Democratic Challenger

William Tanoos said Obamacare, income inequality among his reasons to run against incumbent<p>Disability attorney William Tanoos announced his candidacy …

Politics

The world is facing an inequality crisis

Inequality around the world is growing.<p>Just look at the chart from AMP Capital below as evidence.<p>This demonstrates rising inequality, showing what's known as Gini coefficients for individual developed nations and emerging nations since the early 1980s.<p>It's a scorecard on how equally income is …

Economics

RANKED: The 8 most unequal major economies in the world

LONDON – Inequality among OECD countries is still very much a problem, and some of the richest and most developed countries have the widest gaps between the rich and the poor.<p>New data, collated by the OECD, shows the levels of inequality across all 36 member states.<p>Inequality is measured on a scale …

Social Justice

Even More Evidence the US Is a Kleptocracy, Not a Meritocracy

Paul BuchheitInequality is much worse than we're led to believe by a dismissive business media. The numbers are hellish, and they're growing.

Social Justice

Most of what you think about inequality is wrong

The story of the rich getting richer and the poor getting poorer is a common one that’s made authors like Thomas Piketty a household name.<p>But a new study suggests researchers may be looking at the wrong metric — and that inequality really isn’t widening much at all.<p>Bruce Meyer of the University of …

Social Justice

Consumption and Income Inequality in the U.S. Since the 1960s

<b>NBER Working Paper No. 23655</b> <b><br>Issued in August 2017</b> <b><br>NBER Program(s): EFG LS PE</b><p>Official income inequality statistics indicate a sharp rise in inequality …

Equality

Income inequality, gene expression, and brain maturation during adolescence

Altmetric: 17<p>More detail<p>Article |<p>Open<p>Nadine Parker,<br>• Angelita Pui-Yee Wong,<br>• Gabriel Leonard,<br>• Michel Perron,<br>• Bruce Pike ORCID: …

Neuroscience

Want to help people? Focus on economic mobility, not inequality

Both in the United States and around the world, income inequality and economic mobility have been thrust into the center of the most relevant policy …

Social Justice

No, Stephen Miller, Immigration Is Not A Major Cause Of Income Inequality

Not even close.<p>White House senior adviser Stephen Miller caused a stir on Wednesday with a contentious press briefing where he made the case that new legislation to cut legal immigration would reduce “wealth inequality.”<p>But while scholars debate the effects of immigration on workers’ wages, there …

Social Justice

BRICS make the case for globalization

<i>Andrew Hammond is an Associate at LSE IDEAS at the London School of Economics.</i><p>Trade ministers of the BRICS (Brazil, Russia, India, China and South Africa) finished up a two-day meeting on Wednesday in Shanghai. The session, which comes in advance of the BRICS’s ninth annual summit of presidents and …

Economics

Why Has CEO Pay Grown So Much Faster Than the Average Worker’s?

By now it is well established that American executives make much, much more than rank-and-file workers. In fact, in the early 2000s, the average …

Kellogg School

How much money you need to earn to be in the top 1% at every age

Income and wealth inequality in the US has gotten steadily worse over the past decade.<p>As the country's richest get even richer and the share of people below the poverty line increases, America's middle class has been gradually disappearing. A recent analysis from economists Thomas Picketty, …

College & University

Here's why it's so hard to say whether inequality is going up or down

Is inequality rising or falling? The answer, if recent public debate is anything to go by, may appear at first to depend on who you ask.<p>Part of the …

Social Justice

Inequality is rising, but Labor isn't the saviour it pretends to be

Historians may look back on 2016 as the year that misgivings in the world's industrialised nations about inequality came to a head in spectacular …

Social Justice