People of color tend to suffer financially more than whites after natural disasters, such as Hurricane Katrina.
A new study shows that natural disasters enrich white victims while hurting people of color, worsening wealth inequality. And government aid contributes to the problem.
Households feeling the pinch from frozen wages feeds into slower economic growth, and policymakers need to find a solution.
Governments can’t undo the technological changes behind frozen wages and rising inequality. The best policy is to invest in education and training to give workers skills of value in the new economy.
The cash machine doesn’t work for everyone.
Lots of things have happened in a century, but poverty has proven persistently hard to treat.
Domino’s CEO is one of the highest-paid executives in Australia.
Inequality is being driven by a focus on maximising shareholder value to the exclusion of other stakeholders.
The gulf between what Domino’s CEO Don Meij earned in 2017, A$36.8 million, and those who deliver the pizzas is extraordinary, so is the CEO worth that much?
The evidence suggests the impact of CEOs on company performance isn’t enough to justify their sky-high pay, which is really based more on a culture of power and privilege.
The US suicide rate rose 30.4 percent between 1999 and 2015.
Most European nations have seen suicide rates fall by 20 percent or more. Research is limited, but some studies blame US inequality.
Public health spending is an important factor in reducing inequality between households in Australia.
The Australian Bureau of Statistics’ latest analysis of the impact of government benefits and taxes on household income shows this reduces income inequality by more than 40% in Australia.
The big global cities might be engines of growth but are also where the deepest troughs of poverty and injustice are found.
The largest cities in Australia and the US are both the richest and the most likely to push out low-income earners. Having cities of all sizes will increase people’s choices of where to live and work.
Forecasting income tax a decade into the future is a tricky proposition.
AAP Image/Joel Carrett
The income tax cuts in the 2018 federal budget are likely to be modestly regressive, giving high earners a lower share of the overall tax burden. But by 2028 income tax will be higher across the board.
Would you share your pay information?
A range of pressures are forcing companies to consider being more open about pay structures, levels and gaps. What are the risks and potential benefits of being more transparent?
The poor continue to be drowned out by a global minority enjoying elite status.
Inequality is decried at campaign rallies and in the global commentariat. But little is being done at any policy level.
A Turkana woman buys food from a refugee woman in Kakuma camp in north western Kenya.
Refugee Studies Centre
Refugee policy may well be a humanitarian issue. But it is also a development issue.
The global economy enables a wealthy elite to accumulate vast fortunes while hundreds of millions of people struggle to survive on low wages, according to an Oxfam report.
The rich have to be taxed more and the poor need to be paid more, according to Oxfam International head of inequality policy Max Lawson.
Prince Edward Island ranks first in Canada’s Early Childhood Report 2017; Nunavut scores lowest, devoting only 0.9 per cent of its budget to early childhood education.
Schools across Canada should ‘grow down’ and offer two years of full-day preschool, according to a new report. This would allow mothers to work, improve child outcomes and reduce income inequality.
The tech sector has long had a diversity problem.
AP Photo/Elaine Thompson
Amazon, like the entire tech sector, has suffered from a lack of diversity in its workforce. This trend is likely to continue when it opens a second headquarters in one of 20 cities.
Got a spare $250 million? If you’re among the 0.1 percent, you probably do.
Income inequality, the most common way to measure the gap between the rich and the poor, only tells part of the story. Wealth inequality tells the rest.
Marine One arrives in the Alps.
AP Photo/Evan Vucci
The Conversation scholars analyze a few of the key themes and speeches that punctuated the three-day gathering of global elites in the Alps.
Jeff Bezos is now the richest person in the world.
Reed Saxon/AP Photo
There are about 2,000 billionaires in the world, controlling over $7.6 trillion. How does that compare to the income of an average American?
At least one economist worries we’ll be mostly poorer.
AP Photo/Go Nakamura
We asked four of our regular economics writers to examine a key theme they expect to flare up in 2018 and why.
Iran’s main opposition is loath to embrace a new wave of protesters. It may soon have no choice.