Tag Archives: poverty

15 books world-famous CEOs think everyone should read in their lifetime

reading book winter

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.

In […]

UN Investigates Poverty in the US and Puerto Rico

Did you know?

Did you know that the United States is one of the world’s wealthiest countries and that it spends more on national defense than China, Saudi Arabia, Russia, United Kingdom, India, France, and Japan combined?

Did you know that US health care expenditures per capita are double the average amount of other Organisation for Economic Co-operation and Development (OECD) nations, yet, the US has fewer doctors and hospital beds per person than average?Did you know that US infant mortality rates in 2013 were the highest in the developed world?Did you know that US inequality levels are much higher […]

The long-term cost of college? For blacks and Hispanics, it’s not just about money

CHAPEL HILL

College might be a ticket out of poverty, but for blacks and Hispanics making the climb, it might not be a ticket to good physical health, UNC-Chapel Hill researchers say.

In fact, yardsticks like blood pressure and blood chemistry indicate students who start from “higher levels of disadvantage” may “actually experience a cost” to their future health from the stress surrounding the experience, a team led by post-doc Lauren Gaydosh and sociology professor Kathleen Mullan Harris said in a recent research paper .The pattern, observed in a multi-decade study that began tracking 20,745 people who were teens in the […]

Insights Mind maps

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General Studies-3; Topic: Economic growth; Inclusive development

Income Inequality in India1) Introductionï‚· The World Inequality Report 2018 released by the World Inequality Lab says that income inequality in India has increased since economic liberalisation.ï‚· It is in contrast to the earlier decades when inequality dropped under socialist policies.2) Key Findingsï‚· We can see the trend in inequality across the worldï‚· The report compares economic progress made in India and China.ï‚· Since 1980, while the Chinese economy has grown 800% and India’s a far lower 200%ï‚· Inequality in China today is considerably lower than in India.ï‚· The share […]

The Ugly Face of Inequality in India

The Ugly Face of Inequality in India

Income inequality in India has hit its highest level in 92 years . New figures from Credit Suisse suggest the wealthy elite of India, its richest 1%, now own 58.4% of the wealth. This makes India, often revered as a key rising economic power among the developing nations, the second-most unequal country in the world. What is behind this recent rise in inequality? And is it really a problem?

Causal Factors

Social divides in India have often been attributed to its rigid caste system. This system takes roots in Hinduism, which traditionally separated people into four groups: at the […]

Inequality and poverty in the US: A long-read Q&A with Bruce Meyer


Have poverty levels and inequality in the US soared over the past quarter century, or are we just looking at them through the wrong lens? I discussed this recently with economist Bruce Meyer, a leading researcher in these fields. We also covered the earned income tax credit, how government can held reduce poverty, and more. Bruce Meyer is a visiting scholar here at AEI, a professor at the University of Chicago’s Harris School of Public Policy, and a fellow at the National Bureau of Economic Research.

Below is a lightly-edited transcript of our conversation. You can subscribe to my podcast […]

PAI: To boost the state’s economy, flip our thinking


Public Assets Institute (link is external) Even before Congressional Republicans passed the tax overhaul this month that promises to widen the worst income gap between rich and poor since before the Great Depression, there was ample evidence that the economy was leaving too many Vermonters behind. Now, as the president prepares to sign the bill, the task for Vermont’s leaders and policymakers grows urgently clear: They must focus on raising the incomes of low- and moderate-income Vermonters, challenging the message from Washington that wages will rise and prosperity will spread as soon as the economy improves.

State of Working […]

The Hoarding of the American Dream


There’s a certain type of financial confessional that has had a way of going viral in the post-recession era. The University of Chicago law professor complaining his family was barely keeping their heads above water on $250,000 a year . This hypothetical family of three in San Francisco making $200,000, enjoying vacations to Maui, and living hand-to-mouth. This real New York couple making six figures and merely “ scraping by .”

In all of these viral posts, denizens of the upper-middle class were attempting to make the case for their middle class-ness. Taxes are expensive. Cities are expensive. Tuition is […]

Inequality and poverty in the US: A long-read Q&A with Bruce Meyer


Have poverty levels and inequality in the US soared in the past quarter century, or are we just looking at them through the wrong lens? I spoke with economist Bruce Meyer to discuss his research on income inequality, the earned income tax credit, and the best methods for reducing poverty. Bruce Meyer is a visiting scholar here at AEI, a professor at the University of Chicago’s Harris School of Public Policy, and a fellow at the National Bureau of Economic Research.

You can subscribe to my podcast on iTunes or Stitcher , or download the podcast on Ricochet . Below […]

Violent Crime’s Toll on Economic Mobility


The sad fact is that American kids today may be the first generation who do not eclipse their parents’ economic status. In fact, Americans occupy two separate worlds when it comes to moving up the economic ladder. A small minority of us, anywhere from a fifth to a third who come from advantaged backgrounds, can expect economic mobility on par with any advanced nation. But, tragically, anywhere from two-thirds to 80 percent of Americans who are in less advantaged situations will see their economic prospects be as limited as those in the developing world. And it’s not just our […]