Articles on The wealthy

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Tourism, that quintessentially elitist pursuit, is now responsible for almost 8 percent of global CO₂ emissions. Blake Barlow/Unsplash

Inequality and climate change: the rich must step up

In the face of climate change, the poorest are suffering from the excess emissions of CO₂ linked to the lifestyle of the richest. It is time to act, in the name of climate and social justice.
William ‘Rick’ Singer founder of the Edge College & Career Network, pleaded guilty to charges in a nationwide college admissions bribery scandal. AP Photo/Steven Senne

Why rich parents are more likely to be unethical

An expert explains the many reasons why people behave in an unethical manner and what research shows on why the wealthy have a need to maintain their higher status.
Businessmen pass by Occupy Wall Street protesters at New York’s Zuccotti Park in 2011. AP Photo/Kathy Willens

Are the rich more selfish than the rest of us?

The wealthy evade taxes and are less likely to donate to charity, but does this mean they're more selfish than everyone else? New research suggests not.
Warren Buffett’s voice has been one of the loudest arguing it’s time to raise taxes on millionaires and billionaires like him. Rick Wilking/Reuters

Are we ready to raise taxes on the rich? History says no

Two centuries of tax policy show efforts to raise taxes on the rich hinge on questions of fairness. The history also suggests proponents have a tough road ahead.
Bill Gates pioneered the Breakthrough Energy Coalition, an initiative by 28 billionaires to push for more funding for clean energy. EPA/Ian Langsdon

Why the rich should do more to save the world

In the age of austerity, governments have limited resources to invest in new areas of research – like clean energy – that have multiple risks. Billionaires like Bill Gates can help plug the gap.

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