How Inequality Hurts
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.
Have You ‘Hurd’? Greed Still Living Large
We all know about the greed and grasping at Wall Street’s failed giants. But the greed at ‘successful’ companies elsewhere in America is getting a free pass.
Can a Law End Economic Inequality?
A high-ranking British Labor Party leader has just opened a bold new campaign for legislation that would obligate government, at all levels, to close the “class divide.”
The Great New Surge in CEO Self-Sacrifice
A wave of chief executive pay cuts is washing across Corporate America. So are CEOs suddenly hurting — or turning hard times into still more good times at the top of the corporate ladder?
Rough Times for the Really Smart
If you’re rich, our wealthy would have us believe, you must be smart. And if you’re really rich, then you must be even smarter. Maybe even as smart as Hank Paulson — or any other suddenly suspect top exec.
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