The U.S. trails the rest of the world in benefits available to families. Currently, the only industrialized country that does not guarantee paid maternity leave … Paid Leave and Daycare: Luxuries of the WealthyRead more
Inequality
Is Inequality Really Good for the Economy?
To paraphrase Mark Twain, everyone complains about inequality, but nobody does anything about it. What they do is to use “inequality” as a takeoff point … Is Inequality Really Good for the Economy?Read more
Wealth of richest 400 Americans surges to $2.29 trillion
The wealthiest 400 people in the United States had their combined net worth grow thirteen percent to $2.29 trillion this year, amidst a surging stock … Wealth of richest 400 Americans surges to $2.29 trillionRead more
America’s Racial Wealth Divide
Most media coverage of racial injustice has understandably focused on our country’s unfair policing and criminal justice system. But to fully understand the current reality … America’s Racial Wealth DivideRead more
California, sixth largest economy in the world, has highest poverty rate in US
Earlier this month, the Center for Continuing Study of the California Economy (CCSCE) released a report titled “California Jumps to the World’s 6th Largest Economy; … California, sixth largest economy in the world, has highest poverty rate in USRead more
Social inequality escalates in Denmark amid bonanza for banks and corporations
“Income inequality is on the rise. The rich control more of the country’s wealth …The ranks of the poor are growing. Sounds like the United … Social inequality escalates in Denmark amid bonanza for banks and corporationsRead more
Incomes declining or stagnant for the vast majority in “rich” countries
A significant majority of the population in 25 of the world’s most advanced countries experienced declining or stagnating incomes between 2005 and 2014, according to … Incomes declining or stagnant for the vast majority in “rich” countriesRead more
The Death Gap
Rich people live longer than poor people. No big news there — we’ve known that health tracks wealth for quite some time now. But here’s … The Death GapRead more
20 Americans Have More Wealth Than Half the Entire US Population
A new report released this week by the Institute for Policy Studies looks into the fortunes of the Forbes 400 and compares their wealth to … 20 Americans Have More Wealth Than Half the Entire US PopulationRead more