There is no question that rising inequality stems from macro-level changes in our global economy. Yet, there is also a growing consensus that government decisions play a key role too.
You must not believe that we are in a financial debt or deficit "crisis." It is a complete sham. The problem is that our leaders do not have the spine to go after the rich and the powerful.
Eliminating the relevant beliefs definitely will change your behavior and feelings. But having wealth involves much more than beliefs, although getting rid of crippling money beliefs is certainly a precondition.
When the economy is strong, conservatives want to cut taxes for the rich. When the economy is weak, conservatives want to cut taxes for the rich. Wh...
Before the recession, it was relatively easy to ignore this concentration of wealth among an elite few. The wondrous inventions of the modern economy-...
Salman Taseer was a stranger in Pakistan. His millions of dollars, British mother, private relationships, and extravagant Western lifestyle could not possibly have been more in contrast with the population of Pakistan.
NEW YORK: Most Americans think the United States should raise taxes for the rich to balance the budget, according to a 60 Minutes/Vanity Fair poll rel...
New Year's Eve may conjure up images of champagne flutes and stolen midnight kisses, but for revelers in Sao Paulo, there are more important matters t...
American opposition to the "redistribution of wealth" has achieved the luster of a religious creed. And, as with all religions, one finds the faithful witlessly espousing doctrines that harm almost everyone.
Wealthy Americans who wish to create generation-skipping trusts for grandchildren have a unique opportunity which may never be available again, to make gifts in 2010 without incurring any generation skipping tax.
When I first divorced, I, like most people, was overwhelmed with financial crises. With two houses to support (my ex's and mine), our expenses had do...
Abolishing the estate tax has been a goal of some conservative Republicans since the 1940s, so it's easy to forget that its modern champion was a pres...
Now that $250,000 is the official definition of a "rich" family, let's compare budgets.
The Washington Post reports that "$250,000 is etched in the m...
Obama has again bent to the economic philosophy that rewards the casino gamblers on Wall Street and leaves the majority of the country standing outside the casino with a tin cup -- hoping that the gamblers are at least big tippers.
These financial seminars are fairly secretive. The firms and banks do not want outsiders to know which millionaires or billionaires attended, nor will...
When wisdom is manifest in action, wealth and well-being are often created. Yet we seem to long for wealth and well-being without seeking wisdom. Wisdom comes first; it is the seed for wealth and well-being.
The latest figures on wealth distribution are nothing less than shocking. The top one percent of Americans now control about 35% of the total econom...
Yes, our country was founded upon fairness, balance, trust, compassion, and faith. But our economy is being driven by greed and a blind imbalance of power.
The very richest among us want more, and they are prepared to dismantle the existing political and social order to get it. The time is late. The stakes are extraordinary. Now is the time to roll back this orgy of greed.
While professors research and consult, business men and women create and grow businesses. We all succeed by going where the action is. Let's look at where the action is for consumer spending.
Just when you were losing faith in Ben Bernanke, he pulls a $600 billion rabbit out of his pocket. Down goes the dollar and the Treasury bond. Up goes gold, oil, stocks and interest rates.
For a brief moment in American history, one could argue that the majority of African Americans were middle class. That moment ended last year.
One d...