Earlier this fall, in Guadalajara, Mexico, the Paris-based OECD — the official economic research agency of the developed world — brought together social scientists from … Inequality’s Top Scorekeeper?Read more
Inequality
Middle-income households no longer the majority in the US
For the first time in more than four decades, “middle-income households” no longer constitute the majority of American society, according to a study published Wednesday … Middle-income households no longer the majority in the USRead more
America’s billionaires
When Facebook founder Mark Zuckerberg announced this week that he will give away 99 percent of his personal fortune—now estimated at $44 billion—during his lifetime, … America’s billionairesRead more
20 People Now Own As Much Wealth as Half of All Americans
The 400 richest Americans now have more wealth than the bottom 61 percent of the population, a report released on Wednesday by the Institute for … 20 People Now Own As Much Wealth as Half of All AmericansRead more
Donald Trump teaching capitalism
Recently Trump came to Burlington, Vermont. Gave a speech at Flynn Theater with seating capacity of 1,400. But most stunning things is that he explained … Donald Trump teaching capitalismRead more
The Rich Are Getting Richer, The Poor Are….
The Federal Reserve’s 2013 Survey of Consumer Finances is out, and guess what? Over the past 25 years, the rich have seen their wealth skyrocket, … The Rich Are Getting Richer, The Poor Are….Read more
The world’s richest 10 percent are responsible for half of carbon emissions
A new report from Oxfam called “EXTREME CARBON INEQUALITY” (capitalization not my own) calls out rich people for being the biggest contributors to climate change … The world’s richest 10 percent are responsible for half of carbon emissionsRead more
The Global Poor vs. the 10%
A new report by Oxfam has found the richest 10 percent of the world’s population produce half of the Earth’s climate-harming fossil fuel emissions. The … The Global Poor vs. the 10%Read more
Tax affects inequality; inequality affects growth
This new graph from the IMF is just the latest piece of research that follows on from the in-depth work of Thomas Piketty and others … Tax affects inequality; inequality affects growthRead more