America’s top central bankers didn’t make time for inequality at their annual hobnob last week. Over in Germany, the world’s Nobel Prize winners in economics did. But few Americans noticed.
In the year ahead, nurses and college students just might jump-start the struggle against America’s chronic — and growing — income inequality.
From hiking trails in Oregon to boardrooms in Berlin, critics of our staggeringly unequal corporate order are calling for new limits that link executive compensation to worker paychecks.
The national leader of one of America’s feistiest unions is proposing a cap on incomes at the top that rises only if incomes at the bottom rise first.
Facebook’s initial public offering last week ‘offered’ the world another double dose of windfalls and greed. But Egypt’s elections this week may bring an IPO of a different sort, the ‘initial public offering’ of an antidote to avarice.
The global media spotlight may now be gone, but Egypt’s revolutionaries are still making history, with a spirited campaign for a ‘maximum wage.’
A broad swatch of mainstream religious leaders, across the Atlantic, now want to see top executive compensation tied to a fixed multiple of what companies pay their lowest-paid workers.
Economists tend to add more to the aggravations of everyday life than explain them. Not this economist. A review of Economics for the Rest of Us: Debunking the Science that Makes Life Dismal by Moshe Adler.
Labor leaders at last week’s Alpine assembling of global bankers and CEOs came with a simple pledge: We’re going to fight to cap your pay.
People who do vitally necessary work, throughout our economy, often take home far less than people whose jobs add trivial value to our lives. Do we have an alternative? Britain’s New Economics Foundation thinks so — and explains why in this fascinating new report.