Innovation Improves Quality of Life Even When Incomes Lag
The standard of living in developing countries has increased much faster than growth in income because of innovation, which has driven down the cost of goods and services.
The standard of living in developing countries has increased much faster than growth in income because of innovation, which has driven down the cost of goods and services.
Posted 09.14.2009 | Business
Income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression, according to a recently update...
Robert Fuller | Posted 07.19.2009 | Politics
The well being of whole societies is closely correlated not with average income level but rather with the size of the disparity of income between the top 20% and the bottom 20%.
William Fisher | Posted 01.30.2009 | Politics
Most of us live overstressed lives and enjoy relaxing with music, sports, even the mindless mischief of Paris Hilton. But is this really what we mean by The American Dream?
Lynda Resnick | Posted 07.12.2008 | Politics
Perhaps we need a benevolent dictator, not a president. No, that won't work... so how do we solve our problems? By attending festivals of ideas in Aspen and returning home charged with a new spirit of change.
Wall Street Journal | Greg Ip | Posted 03.28.2008 | Business
The richest Americans' share of national income has hit a postwar record, surpassing the highs reached in the 1990s bull market, and underlining the d...
Dennis Whittle | Posted 09.18.2009 | World