Income Inequality

For many older Americans, the rat race is over. But the inequality isn’t.

While the rat race ends with retirement, one of its principal features extends well past a person's last day of work.<p>Income inequality in the United States spills over from the job into the last decades of life, according to a new survey that ranks the differences among U.S. retirees as among the …

Liberal View

Is Piketty's Data Reliable?

When Thomas Piketty’s Capital in the Twenty-First Century first appeared many economists demurred on the theory but heaped praise on the empirical …

Equality

raceAhead: Apple Whiffs on Diversity, Walmart Takes On Income Inequality?

When Bärí A. Williams, StubHub’s head of business operations for North America and recent contributor to The Black Ceiling, wrote me to say that she …

Alyssa Milano

Reproductive Health and Rights in an Age of Inequality

When I visited Uganda last year, I met a woman named Sarah*. As she relayed, from the moment she was born, Sarah’s life was shaped by inequality: She was born into poverty, with no support from her family, no access to education or health care, and no job opportunities in her rural town. As a young …

Pregnancy

‘This article does not question Piketty’s integrity.’

That’s from the abstract of a new paper by economist Richard Sutch, a disclaimer that may have been included because Sutch is so critical of the …

Conservative View

Time to focus more on inequality than growth

<b>A new study shows that the bottom half of the population enjoyed only 15 per cent of national income in 2013-14, down sharply from 24 per cent in the</b> …

Social Justice

De Blasio’s N.Y.C.: Still sharply unequal

When Mayor de Blasio assumed office January 2014, he promised to “take dead aim” at what he repeatedly referred

Social Justice

Fed's Bostic on Inflation, Income Inequality, Labor

Bloomberg Markets<p>October 13th, 2017, 2:51 AM UTC<p>Raphael Bostic, 15th president and chief executive officer of the Atlanta Fed, discusses the 2% …

Business

IMF Chief For Creation Of More Inclusive Global Trading System

IMF chief Christine Lagarde has underlined the need to redouble efforts to create a more inclusive global trading system amidst signs that the …

Economics

IMF says Australia has one of the fastest rising income inequality rates

Economic body’s Fiscal Monitor shows Australia’s 30-year inequality growth is similar to the US, India, China and the UK<p>Australia is among countries with the highest growth in income inequality in the world over the past 30 years, according to the International Monetary Fund.<p>Vitor Gaspar, the IMF’s …

Social Justice

IMF calls for fiscal policies that tackle rising inequality

WASHINGTON (Reuters) - Countries around the world are suffering the consequences of rising internal inequality and should seriously consider redistributing wealth through tax policies and transfers, the International Monetary Fund said on Wednesday.<p>While overall global inequality has fallen in …

Economics

Inequality Increased In China, India And US: IMF

Despite a sharp fall in inequality around the world, the US, China and India have witnessed upward trends in its level, the IMF said today.The …

Economics

Asset Allocation, Real Growth And Income Inequality: Tying Up Loose Ends

The Fed's Survey of Consumer Finances reveals that median income and wealth increased from 2013-2016.<p>Unfortunately, so did inequality, continuing a …

Economy

New Law Challenges ‘Evils’ Of Pharma Profits, California Governor Claims

California Gov. Jerry Brown defied the drug industry Monday by signing a sweeping drug price transparency bill that will force drugmakers to publicly …

Health Care

Monthly Household Income For Malaysians Went Up In 2016

<b>PUTRAJAYA:</b> The median monthly household income for Malaysians in 2016 improved by 6.6% to RM5,228 from RM4,585 in 2014, said Chief Statistician of …

Malaysia

2.3 million Londoners classed as living in poverty, despite record number of people in work

The poorest fifth of households in London own just 0.1 per cent of the capital's wealth, including finances and property, a new study shows.

Census data shows income inequality remains a major challenge

<i>Andrew Jackson is an adjunct research professor in the Institute of Political Economy at Carleton University in Ottawa and senior policy adviser to the Broadbent Institute.</i><p>The restoration of the long-form census by the Liberal government has paid off in a wealth of accurate data on incomes and …

Social Justice

The instrumental harms of inequality

From monopolistic market structures to poor public health outcomes, inequality can cause harm in a number of domains of everyday living

Social Justice

Oxfam at 75: How the Oxford based charity became a household name

On this day 75 years ago, in the midst of Second World War, a group of citizens gathered in the University Church of St Mary the Virgin in Oxford. …

Podcast: Inequality Is Rising, but Poverty Is Falling

Recently released data from the Federal Reserve indicate an increase in income inequality and wealth inequality in the country. People often assume …

Economics

What's missing from Forbes 2017 Rich List? Discussion on Income Inequality

While Prime Minister Narendra Modi on Wednesday slammed critics of economic slowdown, on Thursday, Forbes India dropped its annual list of India's …

India

Bad Days Ahead: Income Inequality To Rise Causing More Social Tension

Income inequality in the country is likely to worsen due to the government's inability to create jobs, warns a report by financial institution Ambit …

Economy

'Economic Pain for Tens of Millions': Watch Sanders Destroy Trump Tax Plan on Senate Floor

Jake Johnson, staff writerSanders also slammed the GOP budget, which he said would make it harder for low-income and middle class families to put …

Liberal View

Income inequality is growing. Can it really be reversed?

Along with international security, terrorism and climate change, the issue of growing inequality is assuming increasing prominence, and indications …

Social Justice

Bernie Sanders claims the world’s six wealthiest people have as much wealth as half the global population

<i>“There is no moral or economic justification for the six wealthiest people in the world having as much wealth as the bottom half of the world’s population, 3.7 billion people.”</i><p><b>— Sen. Bernie Sanders (I-Vt.), remarks during a speech at Westminster College, Sept. 21, 2017</b><p>Economic inequality in the …

News

Figures of the week: Diverging trends on income inequality in sub-Saharan Africa

By Dhruv GandhiOn September 21, the United Nations Development Program (UNDP) launched a new report titled “Income inequality trends in sub-Saharan …

Sub-Saharan Africa

Hedge-fund titan Dalio says income inequality is the gravest issue facing U.S. - MarketWatch

The rich are getting richer, and this trend has become so pronounced that even the wealthiest Americans, who have reaped the lion’s share of economic …

Ray Dalio

Life-and-Death Inequality by Thorvaldur Gylfason - Project Syndicate

REYKJAVÍK – Just as some of us live longer than others, countries have different average life expectancies. At the bottom of the scale is Swaziland, …

Life Expectancy

This Is the Oldest Age You Can Possibly Live To (According to Science)

Human life expectancies have gone up over the years. But, according to new research, our average maximum age ceiling hit a plateau decades ago.<p>It’s …

Diets

Monitoring Progress on UN’s Sustainable Development Goals

<i>Abby Maxman is the President and CEO of Oxfam America</i>By Abby Maxman<br>BOSTON, Massachusetts, Sep 22 2017 (IPS)Two years ago, world leaders joined …

Equality