Tag: income inequality

Recent books by economists who hope to “save capitalism” dismiss popular ideas as “just politics.” But why assume the popular is the enemy of the good?

We asked writers and editors to choose some of their favorite stories of the year in various categories. Here is the best in business writing.

An investment property is not a home. Neither are cities where most people can’t afford to live.

You just can’t need greens. Or fruit. Or a higher net income.

A teacher at an elite boarding school confronts her own confused leap up the ladder of class privilege.

Writing in The Baffler, Laurie Penny explores what it will mean for the civilization to collapse slowly, because of climate change, rather than in a single nuclear bang.

 America’s best investment ever, in the whole history of our country, was to invest in the public high school and secondary school at the beginning of the 20th century. It dramatically raised the growth rate of America because it was a huge investment in human capital. The best economic analyses now say that investment in the […]

Wired senior editor Bill Wasik on the public’s changing relationship with both Silicon Valley and the technology it creates and promotes: One of the most toxic memes to waft out of the industry recently has been the idea of quasi-secession, whether it was Peter Thiel’s dream of floating hacker communities or Tim Draper’s plan to make Silicon […]

[Not single-page] Does having more money make a person have less empathy? Earlier this year, Piff, who is 30, published a paper in the Proceedings of the National Academy of Sciences that made him semi-famous. Titled ‘Higher Social Class Predicts Increased Unethical Behavior,’ it showed through quizzes, online games, questionnaires, in-lab manipulations, and field studies […]

“The real hourly median wage in New York between 1990 and 2007 fell by almost 9 percent. Young men and women aged twenty-five to thirty-four with a bachelor’s degree and a year-round job in New York saw their earnings drop 6 percent. Middle-income New Yorkers—defined broadly by the FPI as those drawing incomes between approximately […]