Economy May 29

Europe’s social welfare net shows signs of wear from virus

Europe’s extensive social welfare net is showing signs of fraying under economic strain from the coronavirus. Protests erupted Friday for the second day in Spain against layoffs by French carmaker Renault, and Italy’s chief central banker warned that ’’uncertainty is…

Mar 18

We’re talking about inequality all wrong

The right measure is not how much wealth or income people have or receive, but their spending power after the government has levied taxes on those resources and supplemented those resources with welfare and other benefits.