Income Inequality

FILE – New graduates enter High Point Solutions Stadium ahead of Rutgers start … [+] College graduation ceremony in Piscataway Township, NJ on May 13, 2018. President Joe Biden’s student loan forgiveness provides a life-changing financial break for millions of Americans. But for prospective students heading to college under the same conditions that created today’s …

JLast week, City of London raders were hitting the Kwasi Kwarteng mini budget. It was a small wonder. He had awarded some of them hundreds of thousands of pounds. On the other hand, the hearts of the conservative MPs of the “red wall” sank. Kwarteng’s new tax measures could have had one objective in view: …

Nigeria, Africa’s largest economy, has extremely high levels of economic inequality. The country’s economy is growing, it has significant human capital and has the capacity to economically lift millions of people out of poverty. The extreme poverty rate in Nigeria was valued be 88.4 million people in 2022. About 40% of Nigerians live in absolute …

Open doors Through conversations about issues affecting young people today, PLAY organizers set out to equip participants with leadership skills, introduce them to public policy, and eventually create a pool of future policy students and in leadership. “Even for adults, when you think about public policy, it’s such a big topic,” said Shawn Anderson, assistant …

North Bay Jobs with Justice organizers, dressed in newsboy caps and striped overalls, asked the crowd to close their eyes and imagine the inequality and exploitation of the 1920s at the Plaza on Friday night. The demonstration was in direct response to the Sonoma County Wine Auctions at Buena Vista Winery on Friday night — …

No one knows exactly how far this nest egg figure goes, mainly because no ‘sun’ rule governs the royal fortune. And few taxes impact that fortune either. Bequests in the UK valued at more than $380,000 are subject to 40% inheritance tax, but Charles will not pay a penny of tax on the royal wealth …

By Kathleen Fridl, Johns Hopkins University [This article first appeared in The Conversation, republished with permission] The United States can consider itself a “leader of the free worldbut a development index released in July 2022 puts the country much further down the list. In its global ranking, the United Nations Office for Sustainable Development dropped …

Income inequality in the United States rose last year for the first time in more than a decade, but child poverty was cut nearly in half due to the expansion of the child tax credit. federal government children and stimulus payments made in response to the COVID-19 pandemic, according to new survey results released Tuesday …

WASHINGTON, DC August 16, 2022:US President Joe Biden signs HR 5376, the Cutting Inflation Act of 2022 (Climate Change and Health Care Bill) in the State Dining Room of the White House on Tuesday August 16, 2022. (Photo by Demetrius Freeman/The Washington Post via Getty Images) The Washington Post via Getty Im This article is …

Some cities are experimenting with modest guaranteed income programs, but these are not the … [+] Universal Basic Income (UBI) programs envisioned by Andrew Yang and others. Getty In 2020, Andrew Yang focused his presidential campaign on “The Freedom Dividend”—a Universal Basic Income (UBI). Although Yang’s candidacy (and proposal) came to nothing, the idea of …

By Gordon Feller* Mongolia’s reliance on mining has intensified in recent decades. Following the discovery of large deposits of coal and gold-copper ore in the early 2000s, its economic importance surpassed that of the traditional livestock sector. In 2022, mining accounts for almost a quarter of gross domestic product (GDP), compared to a tenth in …

Just over three decades ago, the Cold War ended and the former Soviet bloc countries began their transition to market economies, which allowed them to engage with the rest of the global economy. The division of the world into three segments – the advanced capitalist economies, the planned socialist economies and the “Third World” – …

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Todd Heywood Chipotle employees in Delta Township fear being out of work after approving the store’s unionization last week, an organizer said. “It seems clear to us that Chipotle could close the store,” Atulya Dora-Laskey said. “And if that happens, a lot of us are going to keep fighting, either at a different Chipotle workplace …

People of color are disproportionately and more severely affected By Dolores Quintana While many might believe the pandemic is over, Covid 19 continues to claim lives every day. A study published by the Journal of the American Medical Association revealed that not only has Covid caused a huge death toll in the United States, but …

Can Hollywood Solve Its Gender Pay Gap Problem? In recent years, a few actresses have come forward to talk about their experiences with the gender pay gap in Hollywood. Income inequality between men and women has been going on for decades. According to a study by the US Census Bureau, women earn 83 cents for …

the secret of inequality A philosophical economist, he co-led the Income Distribution and Macroeconomics research group and is a professor and researcher at the Center for Economic Policy Research in the UK and Tel Aviv University. Founder of the theory of integrated development, he is a pioneer in the study of inequalities in human development …

Senior Congress leaders at a rally at RS Pura on Sunday. “Mehangai Pe Charcha” Program at RS PuraExcelsior CorrespondentJAMMU, August 21: As part of the nationwide series of “Mehangai Pe Charcha” Congress meetings across all Assembly constituencies from August 17-23 which will culminate with the Mehangai Par Halla Bol mega rally at Ramlila maidan in …

Comment this story Comment BALTIMORE — Araba Maze noticed neighborhood kids crowding around her as she read children’s books to her niece on her front porch. As she was finishing the narration, one of the children asked, “When are you going to start again?” Later, she did daily story readings with neighborhood children and eventually …

“Companies that invest in their workers and effectively leverage the value of their human capital are more likely to succeed in the long term,” Norges Bank Investment Management (NBIM) said at launch. a new paper outlining its expectations around human capital. “Human Capital Management (HCM) will be a priority in our ownership work going forward.” …

Recent data indicates that Malaysia is showing a healthy economic recovery. Gross Domestic Product (GDP) grew 5% in 1Q2022 and is expected to further accelerate in 2Q2022. This is supported by Bank Negara Malaysia’s decision to begin interest rate normalization, a sign of confidence in the recovery. Yet we continue to see a flurry of …

It was in the early 1960s. Every time we went to our village, we found our great-uncle (my father’s uncle) in front of his huge house, always surrounded by people. And we often heard him say, “You are lucky to have been born in independent India. Our great-uncle, the late Siddhagopal Chaturvedi, had been convicted …

District Six may look like something extraordinary The hunger Games, and in a way it was. For more than a century, this vast strip of central Cape Town has been a diverse and vibrant neighborhood of around 60,000 people. Now it’s mostly bare ground. Why? Because of the strange link between power, control and urban …

Nearly two years into the implementation of the Health Through Housing initiative, King County officials remain steadfast in their Housing First approach to the area’s homelessness crisis. The initiative, which began in early 2021, levied a one-tenth-of-a-cent sales tax in King County that would raise tens of millions of dollars for the purchase of hotels …

AIf this column is about the Congress party, I offer a triggering warning first and foremost: It won’t be about what ails him and the usual litany of complaints against him or his leadership. You can save the next five minutes of your life if that’s what you expect and stop reading here. The Congress …

Everyone is worried about inflation these days. But politicians blame government benefits instead of rising inequality and corporate profits. By Sonali Kolhatkar “Inflation” is the new buzzword of the year. This is why the Federal Reserve interest rate hikes aimed at increasing the cost of certain loans. This is the excuse given against the renewal …

Watford’s Alex has explained that free GP appointments should work in the same way as free prescriptions after Tory leadership hopeful Rishi Sunak said he would fine patients who miss £10 GP and hospital appointments as part of a ‘transformative’ NHS overhaul. Speaking to LBC, Alex said: “If you look at NHS prescriptions, a lot …

Breadcrumb Links Policy Entertainment Books How a society distributes wealth and privilege tells you how strong anti-democratic movements are Eric Protzer (left) and Paul Summerville, co-authors of Reclaiming Populism: How Economic Fairness Can Win Back Disenchanted Voters. Photo by Paul Summerville Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an …

Digitization is rapidly changing the dynamics of the US labor market. Beyond the increase in the number of workplaces that require digital skills and engagement with computers, the diffusion of new technologies has reshaped worker power and the relationship between labor market tightness and growth. salaries. In particular, this has manifested itself in anti-competitive winner-takes-all …

Data from historical and contemporary sources suggests that the poorest Americans — those in the bottom five percent — have higher incomes than about 95 percent of all humans who have ever lived. Article Founding Editor of The Independent Review Robert Higgs reminds us that “[i]income inequality is a statistical artifact. . . . The …

The international target of vaccinating 70% of the world’s population against Covid by mid-2022 was missed because the poorest countries were at the “end of the line” when the vaccines were rolled out, campaigners say. The latest figures from Our world in data show huge inequalities in vaccination rates around the world, with only one …

This is a repost of a article originally published on pundit.co.nz. It’s here with permission. Thomas Piketty has the reputation of having heavy volumes (literally and figuratively). His 2013 bestseller – 2.5 million copies – Capital in the 21st Century (Capital in the 21st century) was 696 pages. It was followed by a sequel in …

Baseball coach Adolfo Alvarez was on his way to a game with a group of children and their parents to the city of Maracaibo in northwestern Venezuela when the bus engine suddenly caught fire. The blaze was caused by a fuel leak, according to firefighters, who say it has become increasingly common in Venezuela …

New data from the 2021 census sheds light on how Windsor-Essex compares to the rest of the province and the country. The Windsor area has one of the highest proportions of young adults living with their parents, according to data released Wednesday by Statistics Canada. In the census metropolitan area (CMA) of Windsor, 44.7% of …

The scale of the tax cuts promised by Tory leadership candidates would blow up public finances and could lead to runaway inflation, Tory opponents and economists have warned. Nadhim Zahawi, who took office as Chancellor last week, used a leadership speech on Monday to announce tax policies that would cost around £50billion a year, almost …

FNew leaders leave a legacy like Shinzo Abe. Japan’s longest-serving prime minister led an ambitious program of domestic reforms and redefined the country’s status in geopolitical affairs. After his assassination on Friday, he may be best remembered for “Abenomics,” a controversial economic stimulus strategy that many economists say helped revive Japan’s economy. “He instilled hope …

(MENAFN-Caribbean News Global) By Jihad Azour, Priscilla Muthoora and Geneviève Verdier Countries in the Middle East and Central Asia have long used taxation to develop their economies and promote social inclusion. The first income tax dates back 5,000 years to ancient Egypt. The pharaohs used it to build granaries and feed the poor during shortages. …

Minimum wage exceeds $16 an hour in Los Angeles On July 1, the minimum wage rose to $16.04 in Los Angeles as part of the city’s efforts to address income inequality. (DTM) LOS ANGELES — The minimum wage rose Friday to $16.04 in Los Angeles as part of the city’s efforts to tackle income inequality. …

If you’re considering investing in mutual funds, why not invest in a social cause such as racial justice, women’s rights, or the environment? Back in 2020, Marvin OwensHead of Engagement at Impact shares and former senior director of economic development at the NAACP, saw an opening to leverage corporate discourse on racial justice. This was …

The education system in the United States is broken, but not beyond repair. Although many reputable sources and institutions consider our education system to be one of the great performances, many would say otherwise. I am inclined to agree with the latter. With the technological advancements of the last decades, work opportunities have generally become …

By Atanu Biswas As Lizzie Wade perceived in her May 2020 article in Science magazine, inequality has made historic pandemics “worse than they needed to be,” as marginalized people suffer the most. Similarly, Oxfam’s recent report, Enjoying the Pain, released at the World Economic Forum’s Davos conference in May, painted a bleak picture of deepening …

The World Economic Forum put wages in the spotlight at its annual meeting in Davos. The ILO finds that the COVID-19 crisis has put downward pressure on wages in two-thirds of all countries, and where there was upward pressure, earnings risk is being eroded by the current inflation. Seven experts explain how companies and governments …

Voters cast their ballots in Colombia’s presidential election in Bogotá on Sunday.Credit…Federico Rios for The New York Times One of the candidates is Gustavo Petro, a former rebel and longtime senator who is trying to become Colombia’s first-ever leftist president, calling for a transformation of the economic system. The other is Rodolfo Hernández, a construction …

Aspiring entrepreneurs get step-by-step guidance and all the resources needed to start a small business in 30 days or less – so they can easily go from “idea” to “opening”. Wealth inequality is a scourge in America. Prices continue to rise while incomes do not. According to US government statistics, the richest 5% of Americans …

The tradition is racist in origin and encourages unnecessary suburban sprawl. Leah Hogsten | The Salt Lake Tribune Historic Curators are hosting a walking tour of a few blocks in Yalecrest on Saturday, October 24, 2015, to educate neighbors and homeowners who live in historic neighborhoods about the uniqueness of where they live. Over the …

More than 90,000 Connecticut households applied for the state’s new child tax rebate in the program’s first week, Rep. Sean Scanlon, the Guilford Democrat who led the program at the United States, announced Wednesday. Legislative Assembly. Applications from 90,320 households would benefit 144,313 children from low- and middle-income families, said Scanlon, who also announced a …

Statista’s Sub-Saharan Africa Gender Gap Index report from 2021, by country, showed that Sub-Saharan Africa had closed 67.2% of its gender gap, showing that women were on average 32% less likely to have the same opportunities as men in the region. It should be noted that the Global Gender Gap Index measures gender gaps using …

Placeholder while loading article actions In the only televised debate in Maryland’s highly competitive Democratic primary, eight male candidates for the state’s next governorship battled to be the party’s standard bearer on Monday, pointing to crime, education and the economy as the main concerns of voters. But the hour-long debate, which aired at 7 p.m. …

Livable California is now the most recognized brand among a class of New groups protest state housing moves. The groups do things like organize neighborhood associations and produce research that describes the idea of ​​scarcity as exaggerated. (This accusation contradicts the volumes of research on the subject, the status is low construction rate per capitaand …

June is National Homeownership Month, and with a $98 billion state budget surplus, now is the time to deliver on the commitment to address the housing supply crisis SACRAMENTO, Calif., June 1, 2022 /PRNewswire/ — With the start of National Homeownership Month today, the CALIFORNIA The ASSOCIATION OF REALTORS® (CAR), California Building Industry Association (CBIA), …

Disparities in pay ratios – Professors from IIT-B conducted a study on Nifty-50 in 2020 – The study revealed growing disparities in the salaries of C-level executives and other staff – The highest pay ratio is 1:752, which means the highest paid person receives 752 times the salary of the employee at the median salary …

WASHINGTON — Representative Paul D. Tonko applauded the announcement of $175,000 in grants from the National Endowment for the Arts (NEA) for local and regional arts organizations here in the Capital Region. This series of NEA grants will help support a diverse range of music, theater, fine arts, and multimedia design programs in Troy and …

Published on: 05/27/2022 – 03:40Amended: 05/27/2022 – 03:38 Bogotá (AFP) – Colombians go to the polls on Sunday in a deeply polarized election that could see a leftist – and ex-guerrilla – become president for the first time in the history of this country plagued by violence and inequality. A year after a brutal security …

Katie Colaneri is NHPR’s Podcast Editor, leading the Newsroom’s Narrative Podcast Unit, the Document Team. NHPR Document is a narrative podcast that has gained critical recognition not just in NH, but nationally. The series bear creek has been downloaded over 13 million times and named one of the best podcasts of the year by the …

Placeholder while loading article actions Democrats have presumably noticed that their prospects in the November election aren’t good — but you wouldn’t know that by the way they talk to voters. President Joe Biden and his allies are proceeding as if everything is under control. The goals and the messages are pretty much the same, …

“Email From the Future” presents a scenario for the world in 2084. (Illustration by TierneyMJ/Bigstock) Visions of utopia date back to the year 1516, when Thomas More literally wrote the book on the subject – but is it an outdated idea to envision a world where today’s biggest problems are solved? Michael Rogers, who presents …

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 …