Average wealth in America has grown over the past 50 years, but not at the same rate for everyone. Wealth gaps, especially between whites and non-whites, are growing. In 2013, the average white family had seven times the wealth of…
President Obama’s new tax code proposal calls for tax increases for higher-income earners and more tax benefits for low- and middle-income earners. Jeffrey Brown learns more from Neil Irwin of The New York Times about what the plan says about…
By Corinne Segal
The report measured poverty among students by the number of those that qualified for free and reduced lunch.
By Simone Pathe
What's the biggest global threat these days? If you ask Americans and Europeans, it's economic inequality. In the Middle East, religious and ethnic hatred is of most concern. The Pew Research Center's Global Attitudes Project surveyed 48,643 people around the…
By Walter Mischel
If taught young, self-control skills can have strong protective effects, even helping those whose vulnerabilities might make them more likely to fall behind economically. That's according to Walter Mischel, author of "The Marshmallow Test," in part four of his conversation…
By Anna Christiansen
The largest fast-food employee protest is poised to happen across the nation today. Organizers, including fast-food workers from KFC, Burger King, McDonald’s and other convenience restaurants, are demanding a pay bump to $15 an hour and fervently pushing to unionize.
By Nick Hanauer
Billionaire venture capitalist Nick Hanauer, whose family owns a pillow company, says there's a limit to how much his wealth can buy. "I may earn a thousand times the median wage, but I don’t sleep on a thousand pillows," he…
By Joseph Fruscione
With adjunct professors constituting over 70 percent of college and university faculty, former professor Joe Fruscione explains why adjuncts are petitioning the Department of Labor about their working conditions, and why the real losers in this situation are the students…
Welfare inequality, John Nye argues, is much less severe than it used to be, and trying to tax away or regulate income inequality will only make more intractable forms of inequality more pernicious.
By Gregory Clark
In a column adapted from one of the most provocative economics books of the year, "The Son Also Rises," economic historian Gregory Clark argues that social status is inherited from your parents just as strongly as height.
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