Providing citizens with a basic income has shown signs of success in lifting people out of poverty, but more importantly the idea is transforming the way we think about inequality.
Larisa Hussak, University of Illinois at Urbana-Champaign
It’s human nature to assume there must be a valid reason for inequalities in society. What’s the psychology behind why we believe there’s something fundamentally different between haves and have-nots?
The July employment report suggests the recent trend of lackluster gains in jobs and wages is continuing, and a rate hike should therefore be off the table for the time being.
Measures of household wealth don’t go far enough in identifying those most at risk of being excluded from society, or in explaining the level of exclusion they face.
One reason for widening inequality is the decline of unions, which in turn is partly the result of the gradual elimination of the “working class” from our vocabulary.
The opportunity gap between well-off and poor American children is vast and, more alarmingly still, it is growing. Some political leaders are starting to take note of the grim consequences.
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