income

How Economic Inequality Harms Societies

Oct 31, 2011
Richard Wilkinson and partner Kate Pickett ran the data and came to the conclusion that the national income of a country is insignificant to its social well-being when compared with income inequality. Wilkinson says, "If Americans want to live the American dream, they should go to Denmark."

Dismal Reports From Two U.S. Inequality Studies

Oct 29, 2011
The 1 percenters targeted by those leading the Wall Street occupation had a profitable run between 1979 and 2007. Their average after-tax income grew 275 percent in that period, while income for the 60 percent of the population in the middle of the earning scale grew by just under 40 percent. (more)
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Juan Cole on Palestinian Statehood

Sep 29, 2011
This week on Truthdig Radio in association with KPFK: Juan Cole reports from New York on Occupy Wall Street and Palestinians at the UN Also: The politics of immigration; women still earn less than men, and a jury convicts the Irvine 11 Pictured above, Nawaf Salam, Lebanon’s ambassador to the UThis week on Truthdig Radio: Juan Cole reports from New York on Occupy Wall Street and Palestinians at the U.

Unions and Inequality by the Numbers

Aug 7, 2011
The precise effects of the broad deunionization of the American workforce since the 1970s are difficult to quantify, but a recent paper from the American Sociological Review has made an effort anyway The study found that in addition to raising the income of union laborers (more).

Americans Are Spending Again

Feb 1, 2011
Is it good news that U.S. consumer spending revved up to a three-year high in 2010? It could make for some improvement, especially if employment picks up to bolster Americans' consumption habits in coming months, according to the BBC.

U.S. Household Wealth Falls by $1.5 Trillion

Sep 18, 2010
This just in: US households are getting poorer As the crisis continues to wreak havoc on our economy, new data from the Federal Reserve tells us that U net household worth has dropped $15 trillion in the second quarter of 2010 and is down more than $10 trillion since the recession began.

Kindergarten: A Lasting Legacy

Jul 29, 2010
Economists used data on 12,000 Tennesseans to conclude that while test score gains built by successful elementary teachers had faded by high school, more meaningful outcomes (income, college, divorce, savings) seem to show a strong link between quality education as a child and success in the "real world."