Given the current state of the economy and governmental policy, it’s unsurprising that so many are lured by the appeal of passive income.
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The idea of passive income is often glamorized, but the reality is that many of these ventures require significant effort.
Recent surveys suggest Canadians are dissatisfied with the direction of the economy.
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There are a number of reasons why there’s such a significant gap between aggregate economic numbers and the perceptions of everyday people.
Given how wealth contributes to health on the personal, individual level, the case for economic growth being good for us might seem intuitive.
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The historical correlation between economic prosperity and increased life expectancy might suggest that growth is generally a good thing. However, other evidence points to the downside of growth.
Focusing on supposed individual failings belies the structural and systemic problems that perpetuate poverty.
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Momentum on basic income is growing in Canada. However, pervasive myths about poverty are making implementing the idea challenging.
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Research shows that when shareholders complain about pay gaps between CEOs and their employees widening, it can cause even more disparity.
The British Miracle Meat presenter, Greg Wallace, onstage at a food festival in 2019.
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Repugnance for certain activities tends to dictate government rules for markets but this can obscure real problems like poverty.
Thinking about a favourite book.
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Money may not buy you happiness, but a favourite keepsake can boost happiness and wellbeing.
Income inequality is the gap between the highest and lowest earners in a given area. It can contribute to people’s risk of poor health, and specifically mental health.
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Higher levels of income inequality in youth are associated with increased ‘deaths of despair’ in young Canadians.
Zhan Youbing
Wanning Sun spent nearly a decade talking to migrant workers at the Apple factory in China’s Shenzhen about their intimate lives – and how their relationships are affected by inequality.
Levying substantial taxes on the super-rich would lead to far more societal benefits than harms. What’s taking us so long?
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The costs of high taxes on the rich are likely only to be moderate. But the democratic, environmental, and health benefits are truly enormous and could transform society and dramatically.
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Australia has been thought to be a less equal society than many European ones. But Australian incomes turn out to be as evenly distributed as those in France when everything is taken into account.
A change in food prices might immediately address the lack of economic access to food but will not address the root causes of food insecurity.
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A drop in food prices might immediately address the lack of economic access to food but will not address the root causes of food insecurity.
Energy inequality must fall – and do so drastically – to maintain a safe climate.
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Energy inequality will have to reduce substantially by 2050 to maintain a safe climate and decent living standards for all.
Business students are pursuing more than just careers.
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Is business education too focused on money and not humanity? A business professor weighs in.
Elon Musk is the world’s wealthiest person.
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The United States has more economic inequality than other wealthy nations.
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The UK government’s mini-budget is bad for your pocket and bad for your mental health – unless you’re really rich.
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June 15, 2022
Kate Lycett , Deakin University ; Craig Olsson , Deakin University ; Delyse Hutchinson , Deakin University ; Mallery Crowe , Deakin University ; Matthew Fuller-Tyszkiewicz , Deakin University ; Robert Cummins , Deakin University ; Sarah Khor , Deakin University , and Tanja Capic , Deakin University
Australians’ average subjective well-being has barely deviated over the past few years. But there have been some remarkable changes among disadvantaged groups.
Tracking changes in net wealth is one of the best ways to see who benefited from economic growth.
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Most of the gains went to the richest Americans, but almost everyone saw an improvement in terms of net wealth.
Over 50 per cent of working Americans continue to be dissatisfied with their ‘unjust’ incomes. They say it isn’t sufficient to meet their family expenses.
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Many Americans regularly report that they don’t make enough to support their families. Status plays a role — while money can’t buy happiness, it can bring status, which can lead to happiness.
Neoliberal housing policies and financialization over the past four decades has helped transform housing in Canada from human necessity to an investment opportunity.
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The conversation about housing policies needs to highlight the significant role the state plays in creating existing housing problems, and providing the resulting solutions.