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Income Inequality


Financial Services Updates Sign up for myFT Daily Digest to be the first to know about financial services news. The writer is professor of financial economics at Imperial College London The economic damage caused by the pandemic has been partly masked by the extraordinary levels of support provided by governments around the world. In September, …

Delivery people wait for the light to turn green at a major intersection in Beijing on July 30, 2021. Evelyne Cheng | CNBC BEIJING – Investors in Chinese companies have been caught off guard this summer by Beijing’s actions against local tech giants, including comments on overseas listed stocks. One of the surprises was a …

Photo by Noam Galai / Getty Images Getty Images Young people are increasingly able to express their opinions as consumers. But there is one place where their voices are not heard – the stock market. What if there was a way? Here’s a depressing statistic I found recently, buried deep in a Wunderman Thompson report …

The Senate is set to give President Joe Biden a major victory by passing a bipartisan $ 1,000 billion infrastructure bill. “This is a bill that would end years of stalemate in Washington and create millions of well-paying jobs, put America on a new course to win the race for the economy in the 21st …

Paul Constant is a writer at Civic Ventures and co-host of the “Fork economy“Podcast. In his last article, he talks about the strikers at the Frito-Lay factory in Topeka, Kansas. Workers will receive a gradual 4% pay rise, but income inequality within the company persists. Loading Something is loading. For three exciting weeks in July, …

(CREDIT: Facebook / Our revolution) American unions are in trouble. A decrease membership base, an old business model and often hostile legal environments have created significant problems for American workers and our nation. Sadly, the labor movement and the Democratic Party’s main effort to make things better for unions – a bill called the Protect …

In recent years, the general public has steadily lost confidence in financial institutions, economic authorities and in particular business leaders. People believe that key economic players will do anything for profit, including harming large groups of human beings. And yet modern behavioral economics and psychology tell a completely different story: Lab data has shown that …

It’s been 10 years since Wisconsin passed Bill 10, which limited the rights of public service unions to demand collective bargaining, and Wisconsin is still reaping the benefits: better academic performance, more freedom for teachers, less ability. unions to influence policy and cost savings for school districts – to name a few. However, the left …

The current lax monetary policies in developed economies are likely to increase wealth inequalities, and in the short term, there is little that monetary and regulatory authorities can do about it. Rather, solving the problem will require finance ministers with a strong political mandate to implement redistributive measures. LONDON – In the Forbes list of …

Famous mega-church pastor Joel Osteen has sparked anger online after claiming he won’t pay taxes. But he probably pays taxes, especially on income from his books. Wealthy people in roles like Osteen’s often inspire negative reactions about their fortunes and positions. See more stories on the Insider business page. Famous pastor and author Joel Osteen …