Global Inequality Increases
The trend continues. 27% of the wealth growth from 1980 has gone to the top 1%. Even within that group, Continue reading
The trend continues. 27% of the wealth growth from 1980 has gone to the top 1%. Even within that group, Continue reading
The good news: Jobs are up 228,000, which beat expectations of 195,000. Unemployment remains low, at 4.1%. The not so Continue reading
A standard belief is that each generation will do better than the previous, that kids will have better financial lives Continue reading
The ozone hole over Antarctica has shrunk to “only” 19.6 million square kilometers. Since the start of the Great Recession, Continue reading
A study of data from disasters between 1920 and 2010 documents the effect of disasters on poverty. Basically, a major Continue reading
Atmospheric CO2 hit record 409.65 ppm. US job openings were near record highs at 5.7M, but there were still 6.9M Continue reading
A recent study has quantified the correlation of increased wealth with increased tax avoidance. The general population avoids about 2% Continue reading
The cause of the Great Recession was more likely rich foreclosures than poor ones because debt increased $1.6T for the Continue reading