Income Inequality

In the early 20th century, two of England’s intellectual giants engaged in a series of debates. Playwright George Bernard Shaw was the resident apologist for income redistribution and central planning. Opposite him was GK Chesterton, a Catholic writer who advocated for property rights and the decentralization of political power. “I found them to be completely …

When Founder and CEO Stacey Boyd decided to start her company, Olivela, she wanted to create a luxury shopping platform with a philanthropic mission embedded at the heart of the business model. The 5-year-old company donates 20% of net proceeds from every purchase to the consumer’s chosen charity from Olivela’s list of partners, at no …

The data is presented in a graph. [Getty Images] What should managers know about employees as they chart a course for success in the decades to come? MIT Sloan experts look at five traits of the emerging workforce. They master the data Data-driven businesses benefit from increased revenue, improved customer service, unparalleled operational efficiency and …

According to a new report, only three California cities, including two in the Bay Area, are among the 50 most “liveable” small towns in the United States. The 2022 analysis by financial technology company SmartAsset used data from the US Census Bureau and Bureau of Labor Statistics to measure ‘liveability’ in 286 cities with between …

The rate at which Americans were killed in gun homicides jumped nearly 35% in 2020 to the highest level in more than 25 years, according to new search by the Centers for Disease Control and Prevention. Amid the pandemic and ensuing recession, rates of firearm homicide rose the most among groups that were already at …

Demonstration: “people not profits” Getty In the 1970s, a small group of activists and their allies came together and embarked on an unlikely quest to redefine what is good for society and enact discriminatory public policy to help themselves. Now, in 2022, their supporters are celebrating not only victory, but public denial of what they …

MUSKEGON, MI — Free day-long outdoor concerts take place in downtown Muskegon on Saturdays throughout the summer, and they’re designed to cater to a variety of musical tastes. What began as a plan to deliver musical entertainment to an empty lot grew exponentially, with the site moving to the Hot Rod Harley Davidson dealership on …

Chairman Warnock, Tillis Ranking Fellow, thank you for holding this timely hearing examining the impacts of overdraft fees. Overdraft fees, developed as a convenience service for the occasional case when a consumer ran out of funds, grew into a cottage industry with estimates of total fees paid by consumers of up to over $30 billion …

Zelda Bronstein, in her article, Supply Sophistry, is absolutely right in her examination of the many flaws in the supply and demand argument as it relates to housing. It should be noted that supply and demand do not really apply to anything. The mantra of supply and demand has seeped into all of our economic …

President Biden says he is looking closely at student debt relief, which likely means significant relief is coming. On the one hand, Biden has promised relief in the 2020 campaign. On the other hand, it’s a progressive priority he can address through executive action, which is important given the extreme difficulty to push anything through …

Jason Kishineff has run for Congress three times to oust Representative Mike Thompson, who has been in office since 1999. The district boundaries may have changed, but his message has not: to give voters an alternative to the two main political parties, which he considers “corrupt”. “I’ve spoken to people in Davis and Vacaville, and …

“We need nothing more than a national stocktake on racial exclusion and housing,” said Anne Bonds, professor of geography and urban studies at the University of Wisconsin-Milwaukee. “Focusing on access to housing is essential for thriving communities and for our collective well-being. A second researcher also recommended measures to reduce the risk of tenants being …

Prime Minister Kishida Fumio wants Japan to lead the world with the creation of a new form of capitalism, which will correct the problems stemming from neoliberalism. He has floated the idea as one of his key policies since campaigning for premier last fall. So far, however, there is little new to see in the …

This year’s G20 summit in Indonesia — and Russia is invited. What’s going to happen ? Will the United States and its allies come out of theaters when the Russians show up? The G20 consensus has been fragmented on the Russian invasion of Ukraine, Indonesian Finance Minister Sri Mulyani Indrawati said in a live chat …

2020 was supposed to be a milestone for international cooperation, with major global conferences on biodiversity, climate change, gender equality and more. Yet a year full of expectations and updates was finally canceled due to the global pandemic. While COP26 managed to take place in 2021, many other major summits continue to be delayed …

Council Member, City of Monterey Park Professional profile A big part of Yvonne Yiu’s speech to be elected comptroller is her experience in managing finances. She spent 25 years in asset management, securities and legal compliance for banks. She is now retired, but for the past decade has always worked part-time as an arbitrator and …

A group of students from Shorewood High School walked out of school on a windy day Thursday to protest rising tuition fees and to advocate for student debt forgiveness. They called on President Joe Biden’s administration to forgive student loan debt. The walkout, organized by Shorewood High School’s Young Democratic Socialists of America (YDSA) chapter, …

Catherine McMullen: Oregon’s eviction crisis amplifies barriers to voting Oregon is touted as the easiest place in America to vote. When asked, “What would a system look like that wanted people to vote?” Stacey Abrams replied, “Oregon.” Voting in Oregon is easy, transparent and even safe during a pandemic. To the right? Oregon residents who …

Posted on April 10, 2022 by Sonoma Valley Sun By Jason Kishineff I’m running for Congress as an independent in District 4 [against incumbent Mike Thompson] because the politics of the status quo is destroying us all and destroying our planet, both sides are complicit and we must step up and change our leadership. Every …

Image source: Getty Images Growing support for Auto IRAs could be a lifeline for millions of workers saving for retirement. Key points Automatic IRAs automatically defer income to workers’ Individual Retirement Accounts. Four states have implemented Auto IRA programs, and six more are underway. Members of Congress debated a national agenda. What is an automatic …

“The Spanish-speaking culture really unites all of these people, even though on the show they’re from Cuba, the Dominican Republic, Puerto Rico, etc. It’s really important that she shows those cultures, and that’s really important that it shows racism within a specific marginalized community,” she said. Miranda, who was criticized for colorism in the film …

Ukraine has been invaded by one of the most unequal countries in Europe. But then equality is one of the strongest pillars of democracy. The Soviet collapse resulted not in democracy but in oligarchs enriched by privatization and citizens impoverished by hyperinflation (Miriam82/shutterstock.com) What are the boundaries of democracy: where does it begin and where …

Today, millions of older people are heavily dependent on social security to cover their living expenses. This is despite recipients losing their purchasing power for years as inflation outpaced increases in Social Security. Worse still, the potential for Social Security cuts in the not-too-distant future. The program’s trust funds could run out of money in …

NORTH MIAMI – FEBRUARY 20: Elinor Mantin shops at Lorenzo’s supermarket as new … [+] Government report showed that consumer prices rose last month on February 20, 2008 in North Miami, Florida. The consumer price index rose 0.4% due to higher food, energy and health care costs. (Photo by Joe Raedle/Getty Images) Getty Images Metaphors …

A new Florida law says high school students will now be required to take a financial literacy course before graduating. Although learning how to manage money sounds appealing to millennials, it has received a rather shocking response on social media. The course is said to teach different types of bank accounts offered, such as how …

Halfway through the 2030 UN Sustainable Development Goals (SDGs) agenda, Europe is on track to achieve just 26, or 15%, of the 169 goals, the Economic Commission says United Nations for Europe (UNECE). Seven years after the adoption of the SDGs in 2015, Europe must accelerate progress or reverse current trends to achieve its ambitions …

Two years ago I was panicking, making hundreds of phone calls to postpone my wedding which was days away. It was in March 2020. A global pandemic had reached the United States and changed each of our lives in ways we never imagined. Millions of Americans would lose their jobs, friends, family, and even their …

As a native of the Rio Grande Valley, I feel safe saying that there has never been as much scrutiny of the Valley’s voting habits as we are seeing right now. Much of it centers on whether this longtime Democratic stronghold is turning Republican. To understand the Valley’s original border politics, it’s helpful to look …

By TEE NGUGI Kenyan children completed the Kenya Certificate for Primary Education (KCPE) exams last week even as various counties were plagued by security and humanitarian concerns. In Baringo, we were first told that the insecurity was caused by cattle rustling, which would be stopped immediately. However, what we have seen on television points to …

Their work has improved the health and well-being of women and girls, protected the environment and raised the voices of the oppressed Around the world, black women’s activism has been instrumental in shaping social justice agendas and advancing human rights. Their work has improved the health and well-being of women and girls, protected the environment, …

When it works, KiwiSaver is one of the best savings systems in the world. But it doesn’t work for everyone. With the government aiming to “refresh” KiwiSaver over the next year, now is the perfect time to weed out its flaws. We don’t know when or how, but KiwiSaver is changing. The government has declared …

The inequality of public education By Michael Schaus Predictably, an attempt to put educational choice on the ballot was met with a legal challenge. The Rogers Foundation filed the lawsuit last week in Carson City District Court, describing the proposed ballot initiative as “a voucher system that harms public schools, promotes discrimination and ignores accountability.” …

Amidst all the talk of two Bharats, do we see a time horizon where India’s ‘elite’ might abandon India’s poor and vulnerable? This is a question I’ve been thinking about for a few months now. Curiosity peaked a few days after the presentation of the recent EU budget, in the analysis of whichI argued, how …

Diving brief: AttendMost US higher education institutions tend to improve a student’s lifetime earnings, but some for-profit and private nonprofit institutions with programs under two years are less likely to be profitable, according to a report of the Bipartisan Policy Center, a think tank in Washington, D.C. Public colleges and universities are the most likely …

Based on a survey of American Economic Association members over four decades, the December 2021 study “Consensus Among Economists 2020: A Sharpening of the Picture” (bit.ly/3rcSJAN) by Doris Geide-Stevenson and Alvaro La Parra-Perez of Weber State University, USA, studies “increasing consensus on many economic propositions, in particular the appropriate role of fiscal policy in macroeconomics …

Reuters January 17, 2022, 08:35 Last modification: January 17, 2022, 08:42 Representative image. Photo: Pixabay “> Representative image. Photo: Pixabay The world’s 10 richest people have more than doubled their fortunes to $1.5 trillion during the pandemic as poverty rates soared, according to a study released Monday by the charity Oxfam, ahead of an event …

During the holidays, families get together to reconnect and talk about their past, present and future. As often happens, those at the table or about to enter college will be asked what studies they are pursuing. And if the tradition holds good, there will be no miser around the table when it comes to giving …

A new way of mapping inequalities reveals startling divisions between the haves and have-nots in Sydney, with some areas enjoying 10 times greater access to jobs, education and services. The new analysis rates suburbs on their “spatial wealth” by comparing education options and jobs within a 30-minute drive, as well as health care, social assistance …

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Freedom versus tyranny – that’s what we conservatives are up against. We have every right to install the sign in question at the GOP headquarters in Trumbull as the first right of modification. I remind you that radical left-wing Marxists have repeatedly used horrible and defamatory names and untruths about President Trump and his administration …

The latest Vital Signs report from the Mississauga Community Foundation has come out and it paints a very clear picture of the impact of the pandemic on the people of Mississauga. From physical and mental health outcomes to housing, immigration and youth development, the report explores countless ways COVID-19 has changed lives as we know …

Hello, California. It’s Wednesday November 10. Gov. Gavin Newsom broke his nearly two-week silence on Tuesday to emphasize two key points: California is seeing an increase in coronavirus cases that could signal the start of a worrying winter wave, and the California economy “continues to dominate “the rest of the country. Newsom made the remarks …

In a private meeting with Mr Biden and nearly a dozen House Democrats in inner city neighborhoods on Tuesday, the prospect of limiting who could benefit from the promised two years of free community college emerged as part of a broader discussion of the program, according to Rep. Susan Wild, Democrat of Pennsylvania. But, she …

Sincerity, not corruption Why are Democrats struggling to enact a hugely popular tax hike? The response from some frustrated progressives is that centrist Democrats like Manchin have been bought off by the rich and their lobbyists. And money matters in politics. But campaign donations are at best a partial explanation. It should be remembered that …