Tag Archives: wealth

13 ways other countries are leaving the United States in the dust

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Phil Cole/Getty Images Technological and social innovations mean things are changing quickly around the world.

The United States is slipping behind other countries in key measures of progress.

The US trails other nations in areas such as press freedom, passport strength, internet speed, and cost of education. American politicians often boast that their country is the greatest in the world.But in a lot of ways, the United States is slipping in the world rankings . From the price Americans pay for education to the strength of their passports, there are plenty of ways people from other […]

Suburban sprawl and bad transit can crush opportunity for the poor


Public transit isn’t just a way to burrow deep into your earbud bubble; some economists think it boosts economic mobility. Everyone likes the idea of the American Dream — that everyone has the opportunity to work hard and get ahead. And everyone likes the idea of being able to get around town as quickly as possible — no one likes traffic.

There’s an array of economic literature out there connecting the two, showing that places with plenty of opportunities for geographic mobility have more economic mobility as well. But for a city to boost opportunity by boosting transit, the answer […]

When inequality is not good in capitalist economics


Last month, I wrote using data to shed light on the extent of the demographic and economic disparity between Brunswick and St. Simons Island. Then, in my most recent column, I presented the traditional theory that inequality of income or wealth is a natural consequence of healthy capitalism, and so, we should not invest great resources in trying to create economic equality.

Most folks subscribe to this traditional view, at least in part. Individuals will always exhibit differences in ability and effort, and we should expect these differences to lead to inequality of outcomes.

Where many economists diverge from this no-cause-for-alarm […]

Economic Inequality– Not Just Public Policy… It Starts On A Personal Level


A lot of voters– voters who don’t know rich people, I always thought– were impressed with Trump’s claims that because he was so rich he wouldn’t be susceptible to taking bribes and being a crook. Personally, I know lots of rich people so I recognized Trump was lying– lying egregiously, tricking voters by design.
At the end of 2013, Paul Piff, an Assistant Professor in the Department of Psychology and Social Behavior at UC Irvine gave the TED talk above, which I urge you to watch. Piff describes his primary academic interest as "how social hierarchy, economic inequality and […]

POINT: Negative effects of income inequality must be considered

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Of all the dilemmas Americans fight about over Twitter, one of the most pressing issues has largely been left out of the picture: income inequality. Fewer than half of Americans think income inequality is a serious problem, yet the results of it are catastrophic.

Income inequality can best be defined as an unequal percentage of income compared to the percentage of the population. Essentially, it’s an unequal distribution of wealth that results in a small population controlling a large amount of a country’s income.

The problem of income inequality has been growing significantly in the United States for the last 30 […]

There’s a huge gender component to income inequality that we’re ignoring – Business Insider

Protestors wearing masks depicting the leaders of the G7 countries pose for a selfie during a demonstration organised by Oxfam in Giardini Naxos, Sicily, Italy May 25, 2017. REUTERS/Dylan Martinez

http://www.businessinsider.com/income-inequality-is-also-gender-inequality-oxfram-report-shows-2018-1

This article was originally published on this site Protestors wearing masks depicting the leaders of the G7 countries pose for a selfie during a demonstration in Giardini Naxos Thomson Reuters There’s a major gender component to global inequality: most of the world’s extreme-poor are women, and most uber-wealthy individuals are men, a new Oxfam report shows.

Around 82% of all wealth generated in the last year went to the top 1%. The richest 1% hold more wealth than the whole of the rest of humanity. “Women provide $10 trillion in unpaid care annually to support […]

There’s a huge gender component to income inequality that we’re ignoring

Protestors wearing masks depicting the leaders of the G7 countries pose for a selfie during a demonstration organised by Oxfam in Giardini Naxos, Sicily, Italy May 25, 2017. REUTERS/Dylan Martinez

Protestors wearing masks depicting the leaders of the G7 countries pose for a selfie during a demonstration in Giardini Naxos Protestors wearing masks depicting the leaders of the G7 countries pose for a selfie during a demonstration in Giardini Naxos Thomson Reuters There’s a major gender component to global inequality: most of the world’s extreme-poor are women, and most uber-wealthy individuals are men, a new Oxfam report shows.

Around 82% of all wealth generated in the last year went to the top 1%.

The richest 1% hold more wealth than the whole of the rest of humanity. […]

Living Well Now: What Does It Take?


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 […]

From the Editorial Advisory Board: Economic mobility

Workers put the finishing touches on new town homes along 28th Street near Palo Parkway in Boulder in the summer of 2016.

Workers put the finishing touches on new town homes along 28th Street near Palo Parkway in Boulder in the summer of 2016. ( Cliff Grassmick / Staff Photographer )

This week’s topic: Wages are stuck, the cost of living on the Front Range is climbing, and Colorado lawmakers are at odds over what to do about it. Your advice?

Just last week, I kissed my son, daughter-in-law and granddaughter good bye as they headed to Traverse City, Mich., to begin the next stage of their family lives. It feels like a village snuck into Boulder and kidnapped one of […]

Income Inequality Debates Churn as Rich Get Richer: QuickTake


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 […]