WangAnQi, Getty Images/iStockphoto Randall Curren is a professor of philosophy at the University of Rochester. His work spans sustainability studies, the philosophy and psychology of well-being, social and political philosophy, and ancient Greek philosophy. You can follow his work here .
Parenting, teaching and leading all require us to believe in the prospects for living well on this planet — and to have confidence in our capacity to equip others to live well without destroying those prospects for others.
These roles require us to both hold these beliefs and to be spokespersons for the world — ones who can make […]
View Original: Living Well Now: What Does It Take?
In 1940, 92 percent of kids in America could grow up to do better than their parents, economically-speaking. Today, that’s just 50 percent. The American Dream, in other words, comes down to a coin toss. This issue, it turns out, really comes down to the neighborhood inequalities.
“While this is a daunting national trend, its roots are really at the local level,”says Raj Chetty, an economist at Stanford University, speaking at CityLab Paris , an annual convening of city leaders. And because each locale has its own constellation of problems dragging down its residents, solutions need to be data-driven and […]
View Original: Why the Solutions to Economic Mobility Are Local
One of the most commonly taught stories American schoolchildren learn is that of Ragged Dick, Horatio Alger’s 19th-century tale of a poor, ambitious teenaged boy in New York City who works hard and eventually secures himself a respectable, middle-class life. This “rags to riches” tale embodies one of America’s most sacred narratives: that no matter who you are, what your parents do, or where you grow up, with enough education and hard work, you too can rise the economic ladder.
A body of research has since emerged to challenge this national story, casting the United States not as a meritocracy […]
View Original: Education Isn’t the Key to a Good Income
The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships so we get a share of the revenue from your purchase. Shutterstock.com/wavebreakmedia There’s a reason the most successful people in our society are often the most voracious — or dogged — readers.
Think about how many new ideas you’re exposed to in the pages of a book, compared to days in a year of your life alone. Frequent readers are constantly engaged with new ways of thinking, alternate perspectives, and a habitual effort for self-betterment. None of these things are exactly hurdles to success.
View Original: 15 books world-famous CEOs think everyone should read in their lifetime
The pope has deplored it. European Central Bank President Mario Draghi has said it’s a destabilizing issue in the euro zone. It’s shifted Chinese economic goals and fueled voter anger in the U.S. presidential election. And a 700-page book about it by a French economist became a surprise best seller. It is inequality, a gap between rich and poor that has been widening in many countries for a generation. The term is often used imprecisely as a catch-all description of various related ills including poverty, job stagnation, class division and social disorder. Yet there’s much debate among economists about […]
View Original: Income Inequality Debates Churn as Rich Get Richer: QuickTake
Nothing can be duller than listening to an economist or other policy expert pontificate endlessly on such metrics as gross domestic product, stock market prices, employment, and consumer confidence. Most of all they talk about GDP: Rising GDP is good; falling GDP is bad. But as a measure of economic activity, GDP is what it says it is: a gross number. It doesn’t measure how money and wealth circulates through a system, what use it is put to, how the rewards of its use are distributed. It just counts how much comes out of the spigot at the end […]
View Original: When Economic Growth Indicates Failure
Wealth Inequality in America 7.4 Income and Wealth Inequality: Crash Course Economics #17 8.7 Wealth Gap: Last Week Tonight with John Oliver (HBO) 7.4 Noam Chomsky on Economic Inequality 8 Title : Wealth Inequality in America
Summary : Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often… Title : Income and Wealth Inequality: Crash Course Economics #17
Summary : Inequality is a big, big subject. There’s racial inequality, gender inequality, and lots and lots of other kinds of inequality. This […]
View Original: Economic Inequality
In December, as Congress enacted a gigantic tax cut for the richest Americans, moved to increase the taxes, over the next decade, of those making under $70,000, and reduced the health care coverage rolls by millions, Philip Alston, the United Nations rapporteur on extreme poverty and human rights, toured the country to determine whether American poverty undermines human liberty. He didn’t have much trouble coming to a conclusion.
Alston’s report finds that the United States is, by almost all measures, the world’s richest country. It also has become, broadly speaking, the “most unequal society in the world.” Our “exceptionalism” is […]
View Original: Gene Nichol: In the U.S., the inequality gap is ever widening
Raj Chetty will present his research on "The Lost Einsteins" January 11 at Brookings. Watch the webcast here . Authors
Few scholars make as big an impact on their field as Professor Raj Chetty . As leader of the Equality of Opportunity Project , and with access to (anonymised) tax records, Chetty and his co-authors have transformed our understanding of social mobility in the U.S.Among the many virtues of the Project’s approach is a willingness to share the datasets used in each of their analyses, for use by other researchers as well as policymakers or the general […]
View Original: Raj Chetty in 14 charts: Big findings on opportunity and mobility we should all know
<p>Jessica A. Johnson </p> To end poverty, to extirpate prejudice, to free a tormented conscience, to make a tomorrow of justice, fair play, and creativity — all these are worthy of the American ideal.
Dr. Martin Luther King, Jr. jotted these words down in his personal notes while he was leading the Southern Christian Leadership Conference in planning The Poor People’s Campaign in 1967. This reflection is not one of King’s most well-known quotes, but it is definitely worth revisiting as we honor his life this year.
The Poor People’s Campaign was groundbreaking in that it was planned as a […]
View Original: Johnson: King’s call to mobilize against poverty resonates today