New York, New York, A Most Unequal Town
New data has solidified New York's standing as the most unequal major city in the world's most unequal developed nation. New York Mayor Michael Bloomberg’s proposed ban on super-sized sodas...
Research & Commentary
From academics to activists, thoughtful people worldwide are focusing their attention on economic inequality as never before.
The Economy Is Growing; It’s the Realonomy That’s in Recession
Popular opinion and press punditry has it that we're still in a recession, the Great Recession, that started in 2008 and has gone on for five years now. The reality...
An American Financial Transactions Tax? Don’t Hold Your Breath
America has finally started talking about a financial transactions tax (FTT) on Wall Street. About time. Academics have always known that FTTs are among the most efficient, best-targeted, least painful...
The Tea Party 1776 Shtick: History Mangled
America's revolutionary generation, new research details, lived in a society much more equal than our own. And early Americans prized that equality, an inconvenient reality for conservatives today. Not too...
The New Gilded Age: The 21st Century in Review
For roughly 300 million Americans, our new century has brought only income stagnation. But for 30,000 very wealthy Americans, the century has brought consistently rising incomes beyond the dreams of...
Where Has All the Growth Gone?
We all know that the recession has hit families hard, but even mainstream newspapers and magazines have finally caught onto the fact that American household incomes have been stagnant for...
The Tiny Tax that Terrifies Wall Street
Robin Hood would not be happy if he happened upon our incredibly top-heavy modern world. But the new campaign to levy a tax on speculative trading would most likely have...
Have the Global Wealthy Become Less Wealthy?
Millionaires ended 2011, says a new report from two major global financial institutions, with a smaller net worth than when the year started. “The rich got poorer in 2011.” So...
How Austerity Will Make Greece Cool Again
In the wake of the Greek elections the new Greek government has reaffirmed its commitment to the austerity plan that got the old Greek government thrown out of office. While...
Magic Act: Making the Super Rich Disappear
The Federal Reserve has once again counted up America's personal wealth — and omitted the nation's 400 richest from the final tally. But the new figures, even with that omission,...