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Income Disparity

Want a Real Recovery? Raise the Minimum Wage

Terrance Heath | Posted 09.19.2012 | Politics
Terrance Heath

If we want an economy with robust consumer demand, workers need to a bigger slice of the pie. Business leaders once understood that elementary fact.

Are Rich People Meaner?

The Huffington Post | Catherine New | Posted 07.05.2012 | Money

The rich are more likely to: a) Cut off other drivers. b) Be disinterested in the welfare of others. c) Cheat on a test to get ahead. d) Give m...

The Future We Want: Demanding Social Justice and a New Distribution of Opportunity

Michel Sidibé | Posted 08.15.2012 | Healthy Living
Michel Sidibé

If the international community chooses to seize this moment to promote a new distribution of opportunity -- one that empowers people to challenge and overcome injustice -- we can unleash the potential of individuals and society as a whole to live in health, dignity and justice.

The Middle-Class Solution: GET OUT!

Grant Cardone | Posted 08.01.2012 | Money
Grant Cardone

People in the middle class must understand that it is no longer the safe haven of inspiration it was for their parents. Particularly, its lower and middle bands do not make enough money to save enough to create financial security.

Stop the Presses: The Rich Get Richer

Steven Clifford | Posted 06.02.2012 | Comedy
Steven Clifford

The New York Times published an op-ed titled "The Rich Get Even Richer." I guess their next scoops will be "Hudson River Full of Water" and "Pope Benedict XVI Is Catholic."

Think Again: Money Talks, Media Balks

Eric Alterman | Posted 05.30.2012 | Media
Eric Alterman

Instead of seeking remedies to this ongoing problem, the putative guardians of our democratic principles, rights and responsibilities -- the United States Supreme Court -- has chosen to vastly exacerbate the situation.

Dear Jamie Dimon

Jess Coleman | Posted 04.02.2012 | Home
Jess Coleman

Mr. Dimon, you seem to think it's an attack to ask you to pay more taxes. But shouldn't you be required to pay more into a system that arbitrarily benefitted you more than others? Seems fair to me.

Real Consequences of Income Inequality

Frank A. Weil | Posted 03.21.2012 | Crime
Frank A. Weil

A little encounter opened my complacent and privileged mind to a not so brave new world out there that we have to deal with and try to correct.

Mapping Out New York's Wealthiest And Poorest Neighborhoods

Posted 12.08.2011 | New York

WNYC has built an interesting map using data from the Census Bureau to highlight the city's wealthiest and poorest neighborhoods. The data, which ...

Labor Force's Share Of Income Plunges To Record Low

Posted 12.01.2011 | Business

The labor force's share of income has plunged to its lowest level since the measure was first recorded. The labor force's share of income -- or th...

Understanding Where the Occupy Folks Are Coming From

Jared Bernstein | Posted 01.30.2012 | Business
Jared Bernstein

Why has income inequality gone up so much and why does it matter? Let's start with facts of the case.

Take Our Children, Please!

Steve Fraser | Posted 01.29.2012 | Politics
Steve Fraser

In 1729, Jonathan Swift's idea was simple: the starving Irish should sell their own children to the rich as food. I want to suggest that we put in motion a similar undertaking. The basic idea is that we offer ourselves up as a sacrifice to the bond markets.

Facing the Facts About Shared Sacrifice

Gregory Floyd | Posted 01.15.2012 | Politics
Gregory Floyd

Protests are forming all over the country, and the message is clear: it's time for this country to be taken away from the wealthy special interests and given back to the people.

Income Distribution and the Occupy Wall Street Movement

José Fernando López | Posted 01.08.2012 | Latino Voices
José Fernando López

Unbeknownst and unintentionally -- a report from the Congressional Budget Office has done nothing but provide new munitions to the Occupy Wall Street movement.

Don't Protest the Rich, Get Rich

Grant Cardone | Posted 01.04.2012 | Business
Grant Cardone

The rich would love nothing more than for everyone move up an income or wealth level. It is ridiculous to think the the richest 1% want to hold others...

Poverty Amid Plenty: America's Continuing Shame

David Coates | Posted 12.31.2011 | Politics
David Coates

To what degree are we all fellow-citizens in this society, and to what degree are we not? Are we one America or are we two? If we are one America, it is surely time to make the alleviation of poverty our number one priority.

Occupied America: Bridging the Divide

Annabel Park | Posted 12.28.2011 | Politics
Annabel Park

How do we define ourselves as a nation and how do we fix what isn't working in America today? This is what has motivated so many Americans to occupy Wall Street and Main Street from coast to coast.

The Cities With The Highest Income Inequality

Posted 12.27.2011 | Business

Maybe Americans are so fed up with growing income inequality because it's so widespread. The cities with the highest levels of income inequality a...

Jobs, Jobs, Jobs, Stupid

Marian Wright Edelman | Posted 12.21.2011 | Politics
Marian Wright Edelman

"The Economy Stupid" were the words on the now famous sign in successful presidential candidate Bill Clinton's 1992 war room. Today, that sign should be in the war rooms of all candidates.

Normalizing Poverty With Hope

Marian Wright Edelman | Posted 12.19.2011 | Politics
Marian Wright Edelman

Is poverty in America becoming normalized? Have 16.4 million children living in poverty become an accepted part of American life? The answer seems to be yes.

Wait, Aren't Family Homes Off-Limits?

Jacoba Urist | Posted 12.12.2011 | New York
Jacoba Urist

Under all of Occupy Wall Street's signage, there's a fundamental truth we can't afford to ignore: the growing income gap in this country is a big problem for everybody. Yesterday, though, they crossed a line in the sand.

Big Ideas and the Concentration of Wealth

Jared Bernstein | Posted 10.14.2011 | Business
Jared Bernstein

Why did we economists squander the opportunity for a new paradigm of thought? Not because there's so much information on the web. It is, at least in part, because the concentration of wealth and power blocked the new ideas from a fair hearing.

Boss-Worker Income Gaps Face Scrutiny With Recovery Slowing

Posted 10.04.2011 | Business

LONDON (Ben Hirschler and Scott Barber) - A stuttering economy and anemic profit growth means company bosses' pay is unlikely to rise as fast this...

Study: Black Household Wealth Dropped 53% During Recession

Posted 09.26.2011 | Home

From the New York Times: Hispanic families accounted for the largest single decline in wealth of any ethnic and racial group in the country during...

The Tax Burden of the Very Rich

Christopher Brauchli | Posted 09.20.2011 | Politics
Christopher Brauchli

The main reason that the tax rate in the United States for the rich is low is that being rich, many of the rich do not need to work.