“Our new report about the state of inequality in the world reveals how our economy is delivering unimaginable rewards for those at the top by exploiting millions of ordinary workers at the bottom…Last year saw the biggest increase in billionaires in history, one more every two days. This huge increase could have ended global extreme… Continue Reading
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Category Archives: Poverty
U.S. Welfare Reform Efforts Have Been Based on an Availability of Work that Doesn’t Always Exist
“Hilary W. Hoynes, an NBER research associate and professor of economics and public policy at the University of California, Berkeley, specializes in the study of poverty, food and nutrition programs, and the impacts of government tax and transfer programs on low income families. In this video, she outlines successes and failures of federal efforts to… Continue Reading
World Inequality Report 2018
“The World Inequality Report 2018 relies on a cutting-edge methodology to measure income and wealth inequality in a systematic and transparent manner. By developing this report, the World Inequality Lab seeks to fill a democratic gap and to equip various actors of society with the necessary facts to engage in informed public debates on inequality. … Continue Reading
Visualizing Unequal Distribution of Gun Violence in the US
The Guardian: “The map of America’s gun violence epidemic can seem overwhelming. There were more than 13,000 gun homicides in the US in 2015, across nearly 3,500 cities and towns. But the toll of this gun violence was not distributed equally. Half of America’s gun homicides in 2015 were clustered in just 127 cities and… Continue Reading
Massive new data set suggests economic inequality is about to get even worse
Washington Post – “…inquiries into how fast wealth grows relative to the economy have been hampered by a lack of good, complete, comparable long-term data on the rates of return for various assets: stocks, bonds, real estate and the like. You’d want this to know what you’d expect a “natural” rate of return to be in… Continue Reading
UN Special Rapporteur report on extreme poverty and human rights in US
– Statement on Visit to the USA, by Professor Philip Alston, United Nations Special Rapporteur on extreme poverty and human rights, December 15, 2017. “I have spent the past two weeks visiting the United States, at the invitation of the federal government, to look at whether the persistence of extreme poverty in America undermines the… Continue Reading
The Human Cost of the Ghost Economy
The Human Cost of the Ghost Economy Melissa Chadburn | Longreads | December 2017 | “Last year I worked undercover at a temp agency in Los Angeles. While I took the assignment for an article I was working on, I’d also been unemployed for over a year. It seemed I was in that middling space of… Continue Reading
World is drowning in unprecedented rise in garbage
Washington Post – “The world now produces more than a billion tons of garbage a year, which it incinerates and buries and exports and recycles. In New York, barges transport as much as 3,600 tons of waste down the Hudson River every day. In the Netherlands, which has a sophisticated recycling system, residents throw away… Continue Reading
Wealthy countries throw out up to 40% of food
The New York Times: “Globally, we throw out about 1.3 billion tons of food a year, or a third of all the food that we grow. That’s important for at least two reasons. The less the world wastes, the easier it will be to meet the food needs of the global population in coming years.… Continue Reading
HUD survey tracks rise in homeless people across America
AP: “The nation’s homeless population increased this year for the first time since 2010, driven by a surge in the number of people living on the streets in Los Angeles and other West Coast cities. The U.S. Department of Housing and Urban Development released its annual Point in Time count Wednesday, a report that showed… Continue Reading
House or Senate Tax Bills Would Still Add to Debt
JCX-58-17 (November 16, 2017) – Distribution Effects Of The Chairman’s Modification To The Chairman’s Mark Of The “Tax Cuts And Jobs Act,” Scheduled For Markup By The Committee On Finance On November 16, 2017. Committee for a Responsible Federal Budget Budget – Dynamic Scoring Confirms: House or Senate Tax Bills Would Still Add to Debt:… Continue Reading
Federal Reserve – Survey of Consumer Finances – Recent Trends in Wealth-Holding by Race and Ethnicity
“The 2016 Survey of Consumer Finances (SCF) is the most recent survey conducted. Below are links to the bulletin article, historical bulletin tables, full public dataset, extract dataset, replicate weight files, and documentation. Changes in U.S. Family Finances from 2013 to 2016: Evidence from the Survey of Consumer Finances (PDF) Recent Trends in : Evidence… Continue Reading
