Austrian historian Walter Scheidel has a new book, The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century . The thesis, according to the reviewers anyway, is that the only thing that can really dent rampant and long-lasting economic inequality is violence. Reduction in inequality has been, writes Scheidel, “only ever brought forth in sorrow”
I have written about this question before, in the context of Thomas Piketty’s study of economic history. It does seem to be true that in times of peace and prosperity the rich gradually get control of a larger […]
Winston-Salem State University and Hubei University of Chinese Medicine have began a five-year collaborative agreement that will expand opportunities for WSSU nursing students and faculty members to study in China, WSSU said in a statement.
“We are excited about taking our memorandum of understanding with Hubei University of Chinese Medicine to the next level,” said Peggy Valentine, the dean of WSSU’s School of Health Sciences.
“This agreement will provide an opportunity for our faculty and students to embrace the whole concept of global learning and a global perspective,” Valentine said.WSSU Chancellor Elwood L. Robinson and Hubei University President Lyu Wenliang signed […]
When Peter Berezin, Chief Global Strategist at BCA Research, looks at three largely non-consensus megatrends shaping society, he doesn’t engage in “happy talk,” as he describes it. He sees global migration with open borders for skilled workers benefiting the developed world, but also notes that if the delicate issue is not properly managed rising economic stability. He considers social fragmentation that is rife across the developed world brandishing a populist flag and sees the unanswered rage as threatening democracy itself, which millennials don’t seem to particularly care for anyway. Then he looks at aging trends across the developed world […]
CLICK HERE Essay about inequality between rich and poor nations
28 Feb 2013 The topic is: The inequality between rich and poor nations is now wider than In this essay, some reasons and solutions of this concern will beÂ The inequality between rich and poor nations is now wider than it has ever been before. There is a noticeable gap between the rich nations and the poor nations and it is getting bigger with IELTS Opinion Essays Discuss and Give OpinionÂ A generation ago , there was no noticable difference between industrialized and developing countries since both nations integrated […]
College Scholarship Tycoon is a game where you’re asked to move your college up the rankings — but striking the wrong balance might force you to reject poor kids who really need college to give them a shot at a better life.
There are two primary parts to the game.
Who to accept? You see 10 student applications, with various family incomes and test scores. You can choose to accept students with good test scores who are more likely to have higher incomes, or you can choose to accept lower-scoring students who tend to have lower incomes. Who to give […]
Rising inequality in America over the past four decades has undermined living standards and social mobility, dampened economic growth, and corrupted U.S. politics.
But what about the effects of inequality on civil society and the nonprofit sector? That question has gotten much less attention. Yet there are growing signs that the vast chasm between the super wealthy and everyone else is also having negative effects in these realms, too.
The problem, in a nutshell, is that the rich have become an ever more dominant force in philanthropic giving and, as a result, increasingly shape the priorities of civil society. While many […]
Which colleges in America contribute the most to helping children climb the income ladder? How can we increase access to these colleges for children from low-income families? In a recent paper , my co-authors (Raj Chetty, Emmanuel Saez, Nicholas Turner, and Danny Yagan) and I take a step toward answering these questions by constructing publicly available “Mobility Report Cards” – statistics on students’ earnings in their mid-thirties and their parents’ incomes – for each college and university in the United States.
Mobility Report Cards for Columbia and SUNY-Stony Brook The figure above gives an example of these statistics for […]
Election night results broadcasted Nov. 8, 2016. (Carlos Jasso/Reuters) The writer, a former deputy treasury secretary and founder and senior chairman of the investment banking firm Evercore, has worked on nine Democratic presidential campaigns, including Hillary Clinton’s in 2016.
The election of Donald Trump was, in many respects, the greatest presidential election upset in modern U.S. history. Now, with his presidency reeling amid a special-counsel probe, multiple resignations, an absence of legislative achievements and dismal approval ratings, many Americans already seem to view his victory as the equivalent of a hundred-year flood — in other words, the type of […]
Governments have come to recognize that income inequality hinders economic growth. How policy-makers will support inclusive growth remains to be seen.
Conventional wisdom on the relationship between economic growth and inequality has been turned on its head in recent years. The world’s leading economic institutions — the OECD, the World Economic Forum, the International Monetary Fund and the European Commission — no longer conceive of growth and social inclusion as unrelated policy goals. Indeed, each of them has endorsed in one form or another an inclusive growth agenda that “can create opportunities for all segments of the population and […]
Glow Images/Getty Images The majority of Americans share in economic growth through the wages they receive for their labor, rather than through investment income. Unfortunately, many of these workers have fared poorly in recent decades. Since the early 1970s, the hourly inflation-adjusted wages received by the typical worker have barely risen, growing only 0.2% per year. In other words, though the economy has been growing, the primary way most people benefit from that growth has almost completely stalled.
Understanding how and why this stagnation occurred is not just an academic question — it is essential to redesigning public policies so […]