A conservative world leader and two world-famous economists who challenge conservative world leaders have joined up to call for a totally new global economic yardstick. And they want that yardstick to measure inequality.
In 2007, the year before the Great Recession began, America’s super rich partied — as never before. The evidence? We look at the year’s freshly crunched income numbers.
The global economic collapse, says the first in-depth survey of grand fortune since last September, has left the world’s wealth just as intensely concentrated as ever.
Families in the nation’s top 1 percent are grabbing a rising share of the nation’s income. So why do newly released Federal Reserve numbers show no jump in their share of the nation’s wealth?
The world’s super rich, says the latest snapshot of global wealth, have lost humungous sums over the past year. Have billionaires, as some observers claim, now ‘suffered’ their way back to the rest of us?
Federal Reserve researchers have just delivered up a data dump that offers a cautionary tale — on inequality — that average families everywhere ought never forget.
Our new White House has begun a counterattack against America’s grand divide between the rich and everyone else. But we face, new stats from the IRS make clear, a dramatically uphill battle.
Our current economic meltdown may finally have ended the era that began when Ronald Reagan became President. Now a new study — from the Congressional Budget Office — helps us understand the inequality that has us melting.
Has any year ever showcased greed as dramatically as 2008? We sift through the avarice to bring you the highlights and lowlights — and a little hope for a less greedy 2009.
The GOP convention in St. Paul totally — and predictably — ignored the reality of America’s ever more flagrantly skewed distribution of income and wealth. Smart politics? We have the surprising answer.