"Words that make actions speak louder."
Conservatives expected human genome research to help prove that nature, not unequal social orders, determines who ends up sick and poor. But our genes have refused to cooperate. A clinical psychologist noted for his observations on how inequality impacts what’s happening in our heads is now sharing some fascinating insights, based on new research, about […]
Despite our current global economic hard times, says a new study from banking giant Credit Suisse, the world has more than enough wealth to ensure every adult on it a significant personal net-worth nest egg. By Sam Pizzigati Who owns, right now, the wealth of the world? Until just over a week ago, we really […]
Over recent decades, recoveries from U.S. recessions have become steadily weaker and weaker. Over these same decades, executive pay has been steadily soaring. Could these two trends be somehow related? Shocking new economic realities don’t suddenly jump up onto our nation’s front pages. They creep up, over time. One shocking new reality has now begun […]
The nation’s public colleges and universities are currently facing unprecedented budget shortfalls and cutbacks. Elite private institutions, meanwhile, are sitting on piles of endowment cash and, says a chilling new study, still reserving huge numbers of seats for the offspring of wealthy alumni. America may be unequal, apologists for our unequal economic order like to […]
The federal government, right-wingers insist, is going crazy sharing the nation’s wealth. In fact, eye-opening new research documents, Uncle Sam isn’t sharing the nation’s wealth. He’s concentrating it. Scroll through the right-wing blogosphere, or listen in at a Tea Party rally, and you’ll find angry people ranting about an out-of-control federal government that’s redistributing the […]
A modest tax on all U.S. personal fortunes over $1 billion could raise more than enough revenue from the Forbes 400 alone to erase the combined budget shortfalls of every state in the nation. David Rockefeller, Sr., the only surviving grandchild of America’s first billionaire, has achieved still another distinction. At age 95, he currently […]
You want to be happy? You don’t need to be rich, says some fascinating new academic research. But you do need not to be poor. So how much income must you actually have to achieve a reasonable facsimile of nirvana? Here’s what the researchers are saying. How much money do you need to be rich? […]
The 21st century has opened with a decade that has seen the vast majority of Americans go backwards economically. Just-released Census stats tell that tale — but not the whole income story. The U.S. Census Bureau last week closed the book on the first decade of the 21st century. We now know, after Thursday’s release […]
Another billionaire has bit the dust here in 2010, and another grand fortune, thanks to this year’s absence of an estate tax, is passing on tax-free to extremely fortunate heirs. But a new resource may help overcome the lies and half-truths that have the estate tax reeling. Forbes magazine will next week unveil its latest […]
The tax dollars we spend on higher ed ought to have one purpose and one purpose alone: to educate students. So why do we let these dollars mint mega millionaires? Most students who attend college today are getting an education. But more and more are not getting the education they expected. They’re getting fleeced — […]