Income Inequality

Income Inequality, Polarization of Societies Biggest Long-Term Impact on Arab World

Based on data published in previous flagship publications of the World Economic Forum such as the Global Risks Report 2017 and the Global …

Industry 4.0

How to stop the global inequality machine

If capitalism is going to be globalised, it makes sense to globalise the rules and standards that protect people as well<p>When the UN unveiled the new sustainable development goals two years ago, it was the one on inequality that captured everyone’s attention. Goal 10 – “reduce income inequality …

Economics

Meet Nigeria’s Top Five Billionaires, Whose Wealth Could Wipe Out Extreme Poverty

Oxfam said the figures show the extreme inequality in Nigeria, Africa's second-biggest economy.

World News

Free exchange: A new anthology of essays reconsiders Thomas Piketty’s “Capital”

Free exchangeA new anthology of essays reconsiders Thomas Piketty’s “Capital”<p>The book explores arguments left undeveloped in Mr Piketty’s …

Business (UK)

If You Live in an Area with High Income Inequality, You’re More Likely to Burn Out at Work

A 2015 report by the International Labour Organization covering more than 180 countries and over 84% of the global workforce warned of “widespread job insecurity in the global labor market,” finding that only one-quarter of the world’s workers have a stable employment relationship. In the United …

Harvard Business Review

Wealth of 5 richest Nigerians can end extreme poverty in Nigeria – Oxfam - Premium Times Nigeria

<i>Related News</i><p>The Inequality report released by Oxfam International on Wednesday, revealed that the combined wealth of five richest Nigerians, put at …

Poverty

Reducing inequality by deconcentrating capital | VOX, CEPR’s Policy Portal

Thomas Piketty’s bestseller, <i>Capital in the 21st century</i> (Piketty 2014), attracted our attraction to the capital–income ratio. The capital–income …

Social Justice

Minneapolis population boom echoes Roaring Twenties

Residents continue to pour into Minneapolis, which is seeing its biggest decade for growth since the 1920s.<p>Latest estimates from the Metropolitan …

Minneapolis

Scholars pick at holes in Thomas Piketty in new tome

One recurrent gripe about Capital in the Twenty-First Century — which is cited so often it has been abbreviated to C21 — is that it was too …

Quotation of the Day…

… is from pages 5-6 of Jean-Philippe Delsol’s excellent essay – “The Great Process of Equalization Continues” – which is Chapter 1 of the new (2017) …

Economics

Trump Plans Likely To Aggravate U.S. Inequality: Nobel Winner Deaton

Restoring stronger economic growth by encouraging more innovation would help reduce anger among many people who feel left behind, he said.<p>BARI, Italy (Reuters) - U.S. President Donald Trump’s economic policies risk creating growth that mostly benefits the rich and aggravates income inequality in …

Social Justice

Revolution 4.0 challenges Asia's inclusive growth

The pervasive sentiment of Asian financial leaders and economists who gathered for the Asian Development Bank' s (ADB) 50th annual meeting in …

Economics

A New Twist In The Link Between Inequality And Economic Development

<i>By Francesco Grigoli, Economist in the IMF's Western Hemisphere Department</i><p>Much has been written about the relationship between inequality and …

Business

John Oliver's secret life as a penthouse-dwelling millionaire

posted at 4:01 pm on May 11, 2017 by John Sexton<p>“Inequality is a little like cinnamon,” HBO host John Oliver said on a segment of his show devoted to …

John Oliver

Flu-Like Symptoms: The Democratization of Dingers by Rob Mains

A rising home run rate, a falling Gini coefficient.

Baseball

Americans Are Dying Younger in These 13 Counties

As Republican politicians take aim at the Affordable Care Act and present their reasoned alternative, the Kill The Poor And Turn Them Into Chef …

Longevity

Life expectancy gap between rich and poor US regions is 'more than 20 years'

While overall life expectancy is rising in America, the size of the gap between its most affluent and impoverished counties demands urgent action, say researchers<p>Your average life expectancy now varies by more than 20 years depending on where you live in the United States, according to an in-depth …

Life Expectancy

There Are More Billionaires in the U.K. Than Ever

Britain's billionaire ranks have swollen to 134, up 14 on last year's total of 120 billionaires according to the 2017 Rich List published annually by</i> …

Wealth

Inequality is getting worse, but fewer people than ever are aware of it

It's shocking how few people seem to notice the stark rise in inequality in the world<p>This article was originally published on The Conversation.<p>Inequality in America is on the rise. Income gains since the 1980s have been concentrated at the top. The top 10 percent today take home 30 percent of all …

Social Justice

Morduch And Schneider, The Financial Diaries

Traders and investors know how potentially devastating high volatility can be for all but the most nimble. In <i>The Financial Diaries: How American</i> …

Social Justice

Interns Making More Than Median US Wages - This Is Just The US Inequality Story All Over Again

We know, because we’re continually told so, that inequality in the US is soaring to levels not seen since the days of the Robber Barons. This is not in fact quite true as people insist on measuring income inequality and not consumption inequality, the only form of it that ever matters. Once we take …

Social Justice

Quantifying startup funding inequality for fun and profit

Income inequality and disparity in resource distribution have drawn a lot of attention recently in the United States. Today, we’ll investigate a variation on the theme, exploring the distribution of a specific resource, venture capital funding, across a particular population, in this case, all …

Startups

Byron Wien explains simply why America's wealth inequality is getting worse

It's no secret that the US has an inequality problem.<p>But it is worth considering what may be the factors exacerbating the disparity.<p>In his recent commentary, Byron Wien, the vice chairman of Blackstone Advisery Partners, offered some thoughts as to why the inequality gap in the US has grown wider …

Business

Which countries provide their citizens with the best higher education?

Universities are vital for developing human capital. They are essential cogs in the global knowledge economy. Where once only available to few, …

Education

We need a new African economic system that works for everyone

Durban is a city of two halves. The slums and street hawkers contrast sharply with the upmarket houses and shopping malls of the city's wealthy …

Africa

A study of the richest people in Britain challenges the famous economist Thomas Piketty's theory about wealth

Thomas Piketty is a rockstar economist who shot to fame in 2013 when he published his book "Capital in the Twenty-First Century," which focuses on wealth and income inequality.<p>But the latest study of data from, the yet to be published, The Sunday Times Rich List is the latest in a line of …

Wealth

Extreme wealth inequality will always devour the societies that produce it

My new novel Walkaway (US tour/UK tour) is set in a world that is being torn apart by out-of-control wealth inequality, but not everyone thinks that …

Cory Doctorow

Meet the doughnut: the new economic model that could help end inequality

Kate Raworth, Senior Visiting Research Associate, Environmental Change Institute, Oxford University<p>They say a picture speaks a thousand words, so …

Social Justice

People Are Saying the Fyre Festival Disaster Is Teaching Rich Kids a Much Needed Lesson

By now, it's clear that Fyre Festival was a bit of a disaster, but the controversy over the event started an important conversation about income …

Social Justice

States need to distinguish between rich and poor farmers: CEA Arvind Subramanian

<b>New Delhi:</b> Joining the debate on taxing agriculture income, Chief Economic Adviser Arvind Subramanian today said states, which have the option to …

India