Sep 26 Income inequality grew in 2018, Census data shows By Mike Schneider, Associated Press Three of the states with biggest gains in inequality from 2017 to 2018 were places with large pockets of wealth — California, Texas and Virginia. Continue reading
Jul 04 Watch 10:30 Amid long economic expansion, why so many Americans are still struggling The U.S. is currently in the midst of the longest economic expansion since the period following World War II. But even though the numbers are good, they don’t add up to prosperity for all Americans. William Brangham talks to Matthew… Continue watching
Jun 13 Watch 9:19 Can ‘baby bonds’ help the U.S. close its staggering racial wealth gap? By Paul Solman Whites in the U.S. have much greater household and individual wealth than blacks and other minorities. In fact, the typical black household has about 10 cents for every dollar of wealth in a typical white household. Some economists and politicians… Continue watching
Oct 28 Watch 25:01 October 28, 2018 – PBS NewsHour Weekend full episode By PBS News Hour On this edition for Sunday, Oct. 28, grief and prayers in Pittsburgh after this weekend's deadly rampage at a Jewish synagogue, and the catastrophic human cost of the ongoing war in Yemen. Also, poverty on Skid Row of Los Angeles… Continue watching
Oct 28 Watch 10:38 In LA, poverty on Skid Row defies U.S.’s humane reputation By Simon Ostrovsky Sanitary and living conditions for an estimated 2,000 homeless people along Los Angeles’ Skid Row are so severe that the United Nations recently compared them to Syrian refugee camps. How does extreme poverty persist in one of the country’s most… Continue watching
Mar 29 Is increasing income inequality a fact or a myth? By Paul Solman A new academic paper making the rounds of the economics profession contradicts conventional wisdom: that incomes of the top 10 percent, 1 percent and especially the tippy-top .1 percent, have been pulling away from the rest of Americans. Continue reading
Feb 01 How income inequality can make or break presidential elections By James K. Galbraith The relationship between political sentiment and measured economic inequalities is so important to understand, even though at first glance it's counter-intuitive. Continue reading
Oct 26 Achieving the American Dream may depend on where you live By Paul Solman Research shows that social mobility and income equality in the U.S. has a lot to do with where people live. Continue reading
Jun 29 The hottest chart in economics, and what it means By Paul Solman The "elephant chart" explains the rise of populism in the developed world and so much more. Continue reading
Nov 28 Column: We don’t need Washington to fix bloated CEO pay By Dean Baker There are clear channels that people can use to put downward pressure on the pay of those at the top in both the corporate and noncorporate sector that don’t require going through Washington. Continue reading