American Savings Sink

“In December, the personal savings rate dropped to 2.4 percent, its lowest level since 2005.” – Slate Americans don’t save, Continue reading →

Wealth Inequality Versus Poverty

Oxfam released its new report (pdf) on wealth and poverty. Their report is extensive, but here’s a synopsis of their Continue reading →

Gig Economy Rules Recovery

If it seems like job growth since the Great Recession hasn’t had the usual effect that’s because the job growth Continue reading →

Fewer Children Surpassing Parents

A standard belief is that each generation will do better than the previous, that kids will have better financial lives Continue reading →

Electric Cars Undercut Gas

Electric cars are developing quickly technologically, culturally, and economically. Costs of production are down. Prices are down. Acceptance is up. Continue reading →

Data That Matters November 2017

The ozone hole over Antarctica has shrunk to “only” 19.6 million square kilometers. Since the start of the Great Recession, Continue reading →

Rich Recover From Recession

The Great Recession is over – for the wealthy in the US. The median net worth of upper income households Continue reading →

Eradicating Poverty Affordably

Conventional wisdom has long been that the poor will always be with us. Based on simple statistics, there will always Continue reading →