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 [...]
In 2014, schools had a new way to give students free breakfast and lunch, paid for by Uncle Sam. Instead of asking low-income families to apply for the meals, a school district could opt to give [...]
Up until a few years ago low-income housing that received federal subsidies were required to maintain a “drug-free” environment. This meant that if anyone living in subsidized housing was caught [...]
The World Bank defines poverty as "pronounced deprivation in well-being," not only of material needs but also of health and education and security and public voice and the "opportunity to better [...]
A nurse listens to a client's chest at the Spanish Catholic Center agency of the Diocese of Washington Catholic Charities. With open enrollment for many medical plans in full swing, health [...]
Merry Christmas, happy New Year, and if you live in Kentucky, good luck going to the doctor. Starting Jan. 1, Kentucky will require all patients to make a copay when visiting the doctor, [...]
By Margaret Flowers and Kevin Zeese, Clearing the FOG. -
In his new book, "America: The Farewell Tour," based on his travels around the United States, Chris Hedges describes the decline of society and how that brought President Trump into power. Trump [...]
According to the Credit Suisse 2018 Global Wealth Databook, 34 million American adults are among the WORLD'S POOREST 10%. How is that possible? In a word, debt. In more excruciating words: [...]
This is the most frequent response I get when I tell other economists that I work on inequality. The economist Deidre McCloskey put the view bluntly in an article titled “Equality lacks relevance [...]
