For over half a century, the United States has measured income poverty by comparing a family’s income to a standardized dollar amount (a “poverty line”) that varies by family size. For a family [...]
As every year, mainstream economists lined up to laud the choice. Dani Rodrik declared it “a richly deserved recognition.” Richard Thaler, who won the award in 2017 (here’s a link to my [...]
There has never been more access to food – domestic and imported – yet hunger is an ongoing problem everywhere. In the U.S. alone, 16.5 million children go to bed hungry and 20% of community [...]
When you want to determine how much poverty is reduced by the nation’s welfare programs, what you normally do is determine how many people are in poverty based on the distribution of market [...]
The Census released its annual income, poverty, and health insurance statistics earlier this week. The summary report shows that 8 million of the nation’s 42.5 million poor people would not be [...]
The World Bank’s extreme poverty line of US$1.90 a day is in fact not based on real estimates of people’s cost of living within countries. This explains why it fails to capture the desperation [...]
New Delhi – Since reducing inequality became an official goal of the international community, income disparities have widened. This trend, typically blamed on trade liberalization and [...]
Vivian Majors spent her life cleaning houses while her husband, Martin, worked as a carpenter. Their bodies broke down in their 60s. Martin now lives in a nursing home and has Parkinson’s [...]
New York - Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one piece - his famed “Black Strat” Fender Stratocaster - that went for nearly $4 [...]
To all those people claiming humanity is in shambles and moral values are dead — you have no idea what you are talking about. Yes, humanity has certainly taken some hits to the chest, but it is [...]
Low-income neighborhoods need employee-owned businesses anchored to their communities, not investors looking to make a quick buck. Where some of us see distressed neighborhoods — where families [...]
My chart shows the point. It shows the 20-year annualized rate of growth in GDP per worker-hour. It’s clear that this was much stronger during the relatively egalitarian period from 1945 to the [...]
Two years ago, 36-year-old Lindsay Clark was facing a terrible decision. Her 2-year-old daughter Lily had gotten into a small bottle of the anti-nausea drug Dramamine. “It had a child lock on it, [...]
By Sarah Anderson and Chuck Collins, Inequality.org -
States have an opportunity to act to close the loopholes that hide and protect the wealth of the top 1%, remedy the impact of the new federal tax law that lowers taxes on the wealthy, and make [...]
By Sarah Anderson and Chuck Collins, Inequality.org -
States have an opportunity to act to close the loopholes that hide and protect the wealth of the top 1%, remedy the impact of the new federal tax law that lowers taxes on the wealthy, and make [...]
