Who Goes to Jail? Matt Taibbi on “The Divide: American Injustice in the Age of the Wealth Gap”
We feature our April 2014 interview with Matt Taibbi about his book, “The Divide: American Injustice in the Age of...
We feature our April 2014 interview with Matt Taibbi about his book, “The Divide: American Injustice in the Age of...
We don’t know who exactly filed the tax returns with America’s 400 largest incomes in 2010. The IRS won’t reveal...
What can we expect Congress to do about America’s staggeringly top-heavy concentration of income and wealth over the next two...
BURLINGTON, Vt. – U.S. Sen. Bernie Sanders (I-Vt.) said a new report that paychecks are shrinking and half of all...
Income inequality is killing the economy. Retailers, bankers and Democrats agree on that. Really. It’s only Republicans who continue to...
Raising the federal minimum wage would save the government billions and have sweeping benefits for low-income families, according to a...
You know inequality is getting bad when it’s making a Swiss bank uncomfortable. The ratio of wealth to household income...
Imagine yourself part of the typical American family. Your household would have, the Federal Reserve reported last month, a net...
For a long time, the right has argued that we shouldn’t worry about inequality because the true concern is the...
Every August, for most of the last four decades, top central bankers from around the world have been making their...
(CNN) — Does money make you happy? Does being rich contribute to your spiritual life and its possibilities? Is the...
While wages have declined across all sectors in the years following the financial crash of 2008, low-paid workers have been...
What someone is paid has little or no relationship to what their work is worth to society. Does anyone seriously...
WASHINGTON (AP) — Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great...
The Commerce Department released some revised figures on America’s economy last week. Previous numbers, Commerce researchers noted, had overestimated the...
On Sunday’s Last Week Tonight, host and comedian John Oliver ripped into American politicians’ colossal mishandling of the US wealth...
People who work for tips are far more likely to live in poverty, according to a new report from the...
Last year, according to a new analysis from the Economic Policy Institute (EPI), the CEOs of America’s top 25 restaurant...
A Seattle millionaire is urging his super-rich peers to support a $15 minimum wage or face the possibility of a...
Poverty continues to be a pressing social problem– but it’s hardly mentioned on the network newscasts, according to a new...
The United States is facing new international pressure to raise its minimum wage. In its annual review of the U.S....
The minimum wage is currently more than 25% below its real value in the late 1960s. The Congressional Budget Office...
The go-to intellectual guardians of our corporate order — those conservative analysts whose op-eds appear regularly in the Wall Street...
Men between 25 and 44 have seen precipitous increases in the share working at such low wages, with the share...
Inequality and democracy are the kind of topics you may expect to hear about at a political convention, but not...
Starting last year, The Huffington Post asked people surviving on wages near the federal minimum, as well as those struggling...
Senator Elizabeth Warren is not shy about being a crusader for the middle class. The senior Massachusetts lawmaker had some...
Memorial Day is in the rear-view mirror, but here’s one more thing to remember: American chief executives make too darn...
Sarah Anderson, director of the Global Economy Project at the Institute for Policy Studies, recently asked in a speech at...
Long before anyone knew the name Thomas Piketty, Pulitzer Prize-winning journalist David Cay Johnston was plumbing the hidden depths of...
Most Americans are on a downward escalator. Median household pay is dropping, adjusted for inflation. A smaller share of working-age...
In a nation that has long operated on the principle that an “American Dream” is available to anyone willing to...
His relentless coverage of Wall Street malfeasance turned him into one of the most influential journalists of his generation, but...
The data on widening inequality are remarkably and disturbingly clear. The Congressional Budget Office has found that between 1979 and...
A beginning elementary school teacher in a small district in California makes around $40,000 per year. That’s 2 or 3...
Institutional Investor’s latest “rich list” in its Alpha magazine, its survey of the 25 highest-paid hedge fund managers, is out.
A good many Americans now know the high-finance games that JPMorgan Chase and other big banks like to play —...
Today’s super rich engorge themselves on federal dollars and evade billions in taxes while ordinary Americans work themselves to the...
The link between income inequality and economic instability has drawn renewed attention from economists, policy makers, global financial institutions, media,...
The American middle class, long the most affluent in the world, has lost that distinction. While the wealthiest Americans are...
WASHINGTON — The top 10 percent of earners took more than half of the country’s total income in 2012, the...
A beginning elementary school teacher in a small district in California makes around $40,000 per year. That’s 2 or 3...
The evidence of income inequality just keeps mounting. According to “Working for the Few,” a recent briefing paper from Oxfam,...
WASHINGTON — Eight million Americans are insured through the Affordable Care Act’s exchanges, President Barack Obama announced Thursday. Wendy TwarDokus...
When we had heavily regulated and taxed capitalism in the post-war era, the largest employer in America was General Motors,...
A new study from Princeton spells bad news for American democracy—namely, that it no longer exists.