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News & Information

News & Information

May 20, 2013 Federal Reserve: rising inequality jeopardizes economic recovery

Source: RT

Fed Board of Governors member Sarah Bloom Raskin was in Washington, DC on Thursday, and during an address before the Society of Government Economists and the National Economists Club she said the widening gap between the rich and...

May 13, 2013 It’s the opportunity gap, stupid

Source: NY Daily News

Parents in New York City who compete for coveted slots in the most sought-after preschools and kindergartens are often met with ridicule. But what these parents are doing is logical. They recognize something that many leaders —...

May 6, 2013 JPMorgan CEO Dimon: I'll pay more taxes

NBC News - The chief executive of JPMorgan Chase & Co, Jamie Dimon, waded into the U.S. fiscal debate on Wednesday when he said he was willing to pay a higher individual tax rate while calling for lower corporate taxes so...

April 24, 2013 A Rise in Wealth for the Wealthy; Declines for the Lower 93%

Source: PewSocialTrends.org

During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped...

April 19, 2013 In the US everyone’s talking about income inequality, but nobody’s really doing anything about it

Source: Quartz

On the face of it, income inequality is high on America’s agenda. President Barack Obama has made it a signature issue of his second term, bluntly stating that the US won’t succeed “when a shrinking few do very well and a growing...

April 17, 2013 Content about Distribution of wealth

The Chronicle Herald - OTTAWA - A new report says Canada's social fabric is being torn by rising income inequality and stagnant child poverty rates. The Conference Board of Canada report compares Canada with other developed...

April 16, 2013 Another Loss for Unions: Outrageous CEO Pay

Source: The Fiscal Times

Income inequality tops the list for the labor union leader and confidante of President Obama. Trumka said the deficit hawks in corporate America are trying to “scare” voters and “distract attention from America’s real economic...

April 12, 2013 Affordable housing gap is key to wealth creation, says study

Source: IOL.co.az

The provision of affordable housing in the so-called gap market in South Africa not only resulted in improved welfare and social cohesion, but was also an important facilitator of opportunities and wealth creation, according to a...

April 11, 2013 Inequality imperils us

Source: Standard Times

SAN ANGELO, Texas — Jordan Weissmann’s article, “Yes, U.S. Wealth Inequality Is Terrible by Global Standards,” in the The Atlantic Online last month is just one of many recent entries in a larger debate over inequality of wealth...

April 5, 2013 Offshore secrets revealed: the shadowy side of a booming industry

Source: Guardian.co.uk

The existence of an extraordinary global network of sham company directors, most of them British, can be revealed. The UK government claims such abuses were stamped out long ago, but a worldwide joint investigation by the...

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