Good things trickle down from the top, cheerleaders for grand fortune like to argue, when wealth concentrates. In real life, suggests economist Robert Frank, inequality makes things worse even for its ostensible beneficiaries.
New research and another dose of on-the-ground reality are shredding what little credibility the rationalizers of inequality have left.
America’s most powerful economic policy maker dramatically charges that inequality is choking off opportunity for average families. Political candidates across the nation pay absolutely no attention.
A landmark new study has laid bare the dirty little secret of modern American philanthropy: America’s wealthy don’t particularly care all that much about the rest of us.
The more wealth concentrates, the greater the strain on our biosphere. Top environmentalists get that connection. Now our societies must.
Teenagers are learning lessons — about inequality — on America’s high school gridirons. When are their elders going to catch on?
Wealth’s current tilt to the top sometimes seems almost eternal. But can our economy ‘self-correct’? A provocative new paper out of the developed world’s official research agency contemplates our tomorrow.
Deep in the heart of Texas, still another billionaire is scheming to make public education a rewarding business investment opportunity.
In urban hotspots like New York, the slender luxury towers of the global super rich are assaulting the sky. Inequality is literally blocking out the sun.
The fiercer that major state universities squeeze faculty and students, a new study shows, the grander the rewards their presidents reap.