Their slogan is “ideas worth spreading.” But the folks at TED – the Technology Entertainment and Design nonprofit …
income inequality
Which States Have the Most Economic Mobility?
Americans love economic mobility. It’s kind of a founding myth for us: We see ourselves as having broken free from rigid, aristocratic Europe to form a meritocracy that guaranteed a chance to move up in the world. Though there …
Is Romney the Wrong Kind of Rich?
Do Americans – or at least a significant portion of them — resent success? To hear some tell it, the biggest division in the country today is between those striving for success – and those who want to tear down the …
What Class Divide? Rich and Poor, Red and Blue Agree on Wealth Distribution
What’s an acceptable level of income inequality in America? Is the current situation far too unfair, as many who lean to the political left maintain? Would ending tax breaks for people earning more than $250,000 a year …
Curious CapitalistEconomy
Is the Wimpy Recovery Morphing into a Recession?
We’ve just begun coming to grips with the wimpy recovery. Are we actually in for another recession? That was the implication of a couple of economic reports I read this week, including one by ITG Investment Research, which …
Are We Paying Our CEOs Enough?
Pity the poor CEOs of America. Last year, America’s biggest companies increased their revenues –and their profits – by substantial amounts, yet the CEOs leading these companies saw only a meager increase in their …
The Challenge at Davos: A Crisis of Global Politics, Not Just the Economy
Despite its rugged alpine beauty, there are few places where the world seems more flat than Davos, Switzerland. The World Economic Forum’s grand annual conclave, set to kick off this Wednesday, draws myriad heads of state, …
Class Warfare: Study Shows Tensions at 20-Year High
Tensions in the U.S. between rich and poor are at a 20-year high, according to a new study from Pew Research. This conflict now tops the discord between blacks and whites, young and old, and immigrants and the native-born.
How Much are Workers to Blame for Income Inequality?
A common refrain in conversations about poverty—and unemployment and income inequality—is that more education will lead people to better-paying jobs and higher living standards. I certainly don’t want to make an argument against education, but recent research from MIT economist Frank Levy and business professor Tom Kochan provides …
Talk About ‘Old Money’: Old Folks Got Richer, Young People Much Poorer Over the Years
We’ve all heard of how the rich have gotten richer over the past several decades—the “great divergence,” as it’s been called, in which a small portion of the population has garnered an increasingly outsized percentage of net …
The Sad, Sorry State of the Middle Class
One needs only to browse the headlines, or perhaps observe the bustling action at your neighborhood thrift store, to realize that America’s middle classes have been faring poorly lately.
Jobs Market Worst For Middle Class
Early on in the financial crisis there was talk of this finally being the Wall Street recession. Investment bankers, CEOs and other high paid types would be thrown out of their jobs or see they paychecks cut. Manufacturing and other sectors that employ middle class workers would see a comeback. But, according to a new study from National …
