Income Inequality

Why Wages Won't Rise When Unemployment Falls

Economists are pinching themselves. When demand runs ahead of supply, prices are supposed to go up. Then how can the labor market be so tight and wage growth so flat? The 4% unemployment rate we have now is about as tight a labor market as you can get, but the “prices” of workers, their wages, are …

Brookings Institution

Obama and Bezos Could Make Basic Income Work

This week, former U.S. president Barack Obama tentatively<p>endorsed the idea of a universal basic income. The fortune of another American, Amazon founder Jeff Bezos, reached $150 billion. Could Bezos and his peers make the UBI dream work?<p>“It’s not just money that a job provides,” Obama said in his …

Universal Basic Income

Chicago Could Soon Become the Largest American City to Give Universal Basic Income a Try

If one local politician gets his way, Chicago could become the largest city in the U.S. to trial a universal basic income program.<p>Chicago lawmaker …

Universal Basic Income

The ‘War on Poverty’ Isn’t Over, and Kids Are Losing

Federal spending on America’s children is heading down, and the drop in funding could be dramatic.<p>Raise the banners and strike up the band, because the “War on Poverty” is won. Mission accomplished! And that means it’s time to hack down the safety net that saved the nation’s poor.<p>That was the …

Trump Administration

Kris Sims: NDP wasting money studying 'basic income' idea that taxpayers won't support

The B.C. government is spending $4 million of your money to study how to give more of your money away to people who don’t work. Premier John Horgan …

Income Tax

Businesses have hijacked capitalism — and left workers behind

The unemployment rate has fallen from 5 percent to 4 percent in the past two years, but workers aren't getting any bigger raises than they were before. What in the name of supply and demand is going on?<p>Well, the truth is, it's not clear. Part of it is probably that productivity growth has been so …

Business

Unpacking the polarization of workplace skills

Abstract<p>Economic inequality is one of the biggest challenges facing society today. Inequality has been recently exacerbated by growth in high- and …

Algorithms

When men earn less than their wives, both spouses lie about it

In most US marriages, husbands earn more than their wives do. Fascinating new research sheds light on the hidden internal conflicts in the minority of couples who flip those roles.<p>The findings comes from a comparison of two data sets: people’s self-reported income on the US Census survey, and their …

University of Chicago

Let the Coming Wars Over Welfare Begin

The Trump administration may have declared it over, but a new War on Poverty is coming anyway. It will be fought largely over the "work requirement" …

Health Care

Women Are More Likely To Live In Poverty Than Men - It Doesn't Have to Be Like This

Women earn less than men, have lower incomes over a lifetime and are more likely to be poor in old age<p>supersizer via Getty Images<p>Poverty has a female …

Universal Credit

Wage hike to take effect August 3 | The Freeman

CEBU, Philippines — The wage increase of P10 to P52 daily for the minimum wage earners in the private sector in Central Visayas will take effect on …

Philippines

Report finds states who limit property tax increases are hurting low-income families

Limits on property tax growth have shifted burdens "onto the backs of those families who already struggling the most.”<p>State laws limiting the amount …

Liberal View

Moving Forward on the Farm Bill

Today, the House will take the next step toward critical reforms to help more Americans move from welfare to work. We will vote to establish a …

Paul Ryan

Is union-busting Tesla the best hope to rebuild the middle class?

The automaker could serve as a factory for middle-class jobs–or has the very nature of manufacturing irrevocably changed since the 1960s, when many first went to work in the industry?<p><i>Capital & Main is an award-winning publication that reports from California on economic, political, and social</i> …

Los Angeles

Who are the super-rich and why they are paid so much?

One of the most common arguments against contemporary capitalism is that it generates extreme inequalities. Few individuals – it is often said – earn …

Economics

German Cabinet approves 4-billion-euro plan to combat long-term unemployment

The German Cabinet has given the green light to a plan to subsidize jobs for people who have been jobless for years. The project, dubbed "social …

Business

Many SA jobs could soon be automated, and the country isn’t prepared

Businesses around the world are cottoning on to the value of transferring labour from human workers to machines. Automation can increase efficiency …

South Africa

Good Journalism for Hard Times

You’ve heard about fake news, but what about <i>no</i> news at all? That’s the phenomenon that authors Barbara Ehrenreich and Alissa Quart are battling with their nonprofit, the Economic Hardship Reporting Project. If you worry that America’s end times will be covered solely by Facebook and Fox News, …

Journalism

Public safety net in America has succeeded but can be improved

Recently, the White House’s Council of Economic Advisers (CEA) has faced sharp criticism for a new report that calls the government’s War on Poverty …

Poverty Rate

What Is Late Stage Capitalism and Why Is It Trending Today?

Late stage capitalism is a popular phrase that targets the hypocrisy and irrationality of capitalism as it digs its own grave. Social media website …

Globalization

Massachusetts is about to lift welfare 'cap on kids'

Massachusetts is about to lift a cap that denies welfare benefits to children born while their families are on welfare.The so-called "family cap" …

Western Massachusetts

Abstract

This report documents the progress South Africa has made in reducing poverty and inequality since the end of apartheid in 1994, with a focus on the …

World Bank

Janresseger: The Problems of Outcomes-Based School Accountability

I am so tired of the narrative of “failing” schools—a story which is always accompanied by the story of “failing” teachers and their “failing” …

Fred Rogers

How ‘Green’ Energy Subsidies Transfer Wealth to the Rich

When the Golden State Warriors, who won three of the last four NBA championships, signed All-Star Demarcus Cousins, sports pundits across the country …

Conservative View

Work requirements won’t solve hunger and sickness

THREE OF the federal government’s largest means-tested safety-net programs are Medicaid, the Supplemental Nutrition Assistance Program (SNAP) and housing assistance. To list these is to list the conditions against which Congress has decided to protect those who do not have enough money to protect …

Opinion

San Antonio Schools Are Still Segregated – By Income As Much As Race

click to enlarge<p>In 1954, the Supreme Court rocked the segregated South when it ruled that the State Board of Education of Topeka could not prevent …

Education

Police accredited as a "Living Wage" employer

<b>CHESHIRE Constabulary has been officially accredited as a Living Wage Employer by the Living Wage Foundation charity.</b><br>The commitment will see everyone …

Cheshire

2018 Report on the World Social Situation | DISD

Universal social protection is a potent development policy tool that can alleviate poverty, inequality and social exclusion. Few countries have been …

Sustainable Development Goals

Military personnel based in Scotland compensated for tax rises

<b>The UK government is to compensate thousands of soldiers who faced having to pay more income tax because they are based in Scotland.</b><p>Anyone earning more than about £26,000 in Scotland now pays more income tax than they would if they lived elsewhere in the UK.<p>The MoD says about 8,000 military …

Great Britain

Trump’s economy is great for billionaires, not for working families

Don't buy the lies. Trump and his billionaires might be doing well. But the economy is not the best it's ever been, at least not for working families.<p>Over and over again, President Donald Trump tells us the U.S. economy is “absolutely booming,” the “strongest we’ve ever had” and “the greatest in …

Bill de Blasio