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.”
Category Archives: Inequality
Poor Suburbia
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.
Inequality OXFAM 2014
OXFAM Report (in English) on inequality dated 01/20/2014; complete .pdf link used by permission, may take a few seconds to load.
Inequality Harvard
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
Inequality Berkeley
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
8 Men as Wealthy as 3.5 Billion People
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.
Extreme Poverty Worse For Men
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
OXFAM Inequality 2016
January 18, 2015 According to a new report from OXFAM: • In 2015, just 62 individuals had the same wealth as 3.6 billion people – the bottom half of humanity. This figure is down from 388 individuals as recently as 2010. • The wealth of the richest 62 people has … Continue reading
President Obama on Inequality
October 23, 2015 Excerpt of President Obama’s full remarks on mobility and inequality on December 4, 2013. …I believe this is the defining challenge of our time: Making sure our economy works for every working American. It’s why I ran for President. It was at the center of last year’s … Continue reading
Distribution of Wealth
There’s a rapidly widening gap in the distribution of income and wealth. The latest census data depict a collapsing middle class (this video details how it happened and its ramifications), high underemployment, low (and declining) labor participation, and rising outlays for disability, food stamps and low-income tax credits. Alarming as … Continue reading