New Evidence on the Consequences of Gentrification for Children
Contrary to widespread beliefs, gentrification does not appear to harm children. But that may be because it operates differenlty than most assume.
Read more...Category Archives: Income disparity
The Financial Times’ Martin Wolf Discovers that Rentier Capitalism and Financialization Increase Inequality and Hurt Growth
Martin Wolf has a big think about what is wrong in and discovers rentier activity.
Read more...America’s Workforce Elderly Workforce To Double By 2028
So, what’s behind the sharp increase that is expected in the oldest work-age demographic?
Read more...Purdue Files for Bankruptcy, Agrees to Settle Some Pending Opioids Litigation: Sacklers on Hook for Billions?
Purdue Pharma files for chapter 11 bankruptcy. Will members of the Sackler family succeed in blunting accountability for the opioids crisis?
Read more...Dude! Where’s My Democracy?
People turn to authoritarian leaders not because they distrust democracy but because our system is fundamentally undemocratic.
Read more...Majority in US Back Free College Tuition and Student Debt Cancellation, New Poll Finds
Sanders’ and Warren’s supposedly wild eyed ideas of cancelling student debt and making college tuition free get a thumbs up in a new poll.
Read more...Is it Really “Full Employment”? Margins for Expansion in the US Economy in the Middle of 2019
Many indicators say the US is close to full employment. Hours of work tell a different story.
Read more...Private Equity and Surprise Medical Billing
Private equity has glommed onto the healthcare sector, and drives the “surprise” medical billing. phenomenon.
Read more...‘Father Is Surgeon’: How Money Talked in USC Admissions Scandal
Defense attorney releases emails documenting just how seriously USC officials weighed family donations in making admissions decisions.
Read more...Why Does Teen Vogue Need a Labor Column?
Why indeed? Labor issues are certainly as important to the interests of its readers as are many – if not most – of the issues Teen Vogue regularly covers.
Read more...Starving Seniors: How America Fails To Feed Its Aging
Nearly 8% of Americans 60 and older were “food insecure” in 2017.
Read more...CEO Compensation Increased 940% Between 1978 and 2018, Workers’ Only by 12%
An Economic Policy Institute study shows that the dramatic increase in CEO compensation has a large impact on increasing inequality. Absent the explosive rise in CEO compensation, worker pay could have doubled.
Read more...Bill Black: Is it Cynical to Believe the System is Corrupt?
Bill Black presents evidence the system is corrupt and rigged against ordinary people – a sentiment with which a new poll shows many agree.
Read more...Judge Issues $572 Million Verdict Against J & J in Oklahoma Opioids Trial: Settlements to Follow?
Judge issues $572 million verdict in J&J opioids trial. Some settlements of multiple pending lawsuits will likely follow.
Read more...Wolf Richter: World Trade Skids for First Time Since Financial Crisis
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
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