December 16, 2017 On December 14, 2017 renowned economists Emmanuel Saez, Gabriel Zucman, Facundo Alvaredo, Lucas Chancel and Thomas Piketty published a comprehensive and exhaustively researched World Inequality Report. Here’s a summary of what they found. Income inequality has increased in nearly all world regions in recent decades, but at … Continue reading
April 22, 2017 The Wealth Distribution In the United States, wealth is highly concentrated in relatively few hands. As of 2013, the top 1% of households (the upper class) owned 36.7% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 52.2%, which … Continue reading
Extensive study (in English, .pdf file) by the Federal Reserve Bank of Dallas, TX describing the loss over the last 20 years of middle-skill jobs in the U.S. labor market, a “barbell economy.”
A report (in English only) by the Brookings Institution dated July 31, 2014 analyzing in great detail how, beginning in 2000, poverty has taken over the suburbs of the 100 largest metropolitan areas in the United States.
OXFAM Report (in English) on inequality dated 01/20/2014; complete .pdf link used by permission, may take a few seconds to load.
A 2014 report (in English) entitled An Economy Doing Half Its Job from Harvard University asserting, among other things, that the inequality gap is unsustainable, that there is no relief in sight, and that it’s actually getting worse. The report suggests areas that must be improved to counter the trend, … Continue reading
A 2014 report (in English) entitled Wealth Inequality in the United States Since 1913: Evidence From Capitalized Income Tax Data by Emmanuel Saez, Department of Economics, University of Calfornia, Berkeley, and Gabriel Zucman, Department of Economics, London School of Economics and Political Science, explaining in great detail the extent of the … Continue reading
January 15,2017 OXFAM reports that new estimates show that just eight men own the same wealth as the poorest half of the world. Yes, 8 men versus 3.5 billion people. Coincidentally no doubt, their native languages coincide with the first and last truly global empires since 1492.
April 3, 2016 Writing for the U.S. Bureau of Labor Statistics, Eleni Karageorge reports that researchers in the National Bureau of Economic Research have found that men who experienced poverty as children suffered greater economic consequences than women who grew up in poverty. Gender differences in employment rates varied. Among … Continue reading