How Inequality Hurts
The Spirit Level: Why Greater Equality Makes Us Stronger
By every measure that matters, relatively equal nations far outperform nations where income and wealth concentrate at the top. This powerful new book explores these contrasts — and explains them.
Beyond Kyoto: Time to Switch Targets?
To curb climate change, suggests a new report from a top-notch global scientific team, we really ought to start focusing on rich people, not rich nations.
Budget Cuts and IOUs: What’s Squeezing States?
The Great Recession has shoved state governments over the fiscal edge. But what brought states to that edge in the first place?
Remembering When Citigroup ‘Cared’ about Inequality
Citi analysts spent two years obsessing over luxury consumption by the rich. Last week, the ultimate symbol of that consumption — the fine art bubble — finally popped.
Did Derivatives Drive the Meltdown?
A noted World Bank economist is suggesting we need to concentrate less on the complexities of high finance and more on the noxious simplicity of our deeply unequal income distribution.
Getting Past the Philanthropic Foolery
The debate over the White House proposal to limit the tax deductions the rich can take on charitable donations has so far revolved around questions over whether the wealthy would give less if they couldn’t deduct as much as they do now. The better question: Just how much are the rich now really giving?
It’s Official: Inequality Literally Driving Us Crazy
A new report out of the UK documents how top-heavy distributions of income are stressing us out, at levels that are endangering our mental health.
America’s Bubble Economy: A Last Look Back?
Federal Reserve researchers have just delivered up a data dump that offers a cautionary tale — on inequality — that average families everywhere ought never forget.
A-Rod and Inequality: A Lesson Worth Learning
Huge rewards for ‘talented’ people are supposed to leave all our lives much better than before. But they don’t — not in sports or any of the rest of life either.
The Global Wealthy Ride to Our Rescue
At Davos last week, the world’s rich and powerful took a crack at problem solving. But they came up short. The main reason: They are the problem.
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