Wages Are Falling. Wealth Is Surging. No Wonder Americans Are Unhappy.
Two events from the past week help crystallize this strange, contradictory moment for the U.S. economy. On Wednesday,…
A new study finds escaping your income bracket no longer means building wealth
It’s easy to look at the child of a celebrity or power couple and see the leg up…
Higher Gas Prices Are Hitting Lower-Income Americans the Hardest
Surging gas prices are inflaming a longstanding economic divide in America, as households with lower incomes struggle to…
China’s ‘common prosperity’ push faces reality check as inequality rises: study
Chinese citizens are facing growing inequality in wages and wealth, constraining the country’s “common prosperity” agenda at a…
Failing on social mobility ‘is inefficiency with a human face’
When we think of policies to reduce economic inequality and increase social mobility, we often think of the…
Capital Gains Tax reform could spell the end of neoliberal Australia
Australia’s debate around tax reform challenges a system that has driven inequality and locked a generation out of housing, writes Carl…
No longer true that the rich keep getting richer as the poor get poorer
Recent data confirms current policies are gradually reversing Australia’s chronic inequality, as Alan Austin reports. THE SALARY OF…
Corporate Australia needs to face inequality crisis
As policymakers begin to confront inequality, the response from corporate Australia reveals a telling divide, writes Carl Rhodes.…
Australia is now a ‘home owners’ welfare state’, and income inequality is worse than we think
Australia’s income inequality is much worse than we think because official statistics ignore the income that home owners…