Soaring inflation in the US has been driven in part by large increases in the price of groceries – a burden that falls disproportionately on lower-income families.
As the year ends, New Zealand has done well in important global measures of success. But closer to home, the numbers often told a different story.
The number of New Zealanders with ‘negative net wealth’ is large and growing – reflecting widening economic inequality that remains an urgent political priority.
Teaching kids better budgeting won’t fix post-pandemic inequalities. A more robust social safety net, less hoarding and squandering of wealth and more equitable tax policies might.
Rethinking capitalism requires that the primary focus should be on the distribution of economic power as the potential leading causal factor driving inequality.
Companies being required to go public with information about executive and workers pay packets is increasingly becoming the norm.
The snail’s pace of action in this year’s federal budget on climate is out of step with the urgency of the climate and income inequality crises.
You might be surprised to find yourself in the company of Elon Musk and Jeff Bezos in the world’s richest 1%. This has big implications for planetary survival.
It was a campaign like no other, and while there were missed opportunities and lapses of judgement, the fact New Zealanders are voting in a safe and fair election is reason enough to celebrate.
From policy to performance, a panel of five political experts analyses the first televised leaders’ debate of the 2020 New Zealand election campaign.
Diaries of young Kenyans in Nairobi reveal lives of joblessness and endless searching for money, all punctuated by substance use.
While the Great Depression reduced inequality and closed the racial wealth gap, the Great Recession of 2009 did the opposite.
Several presidential hopefuls have offered proposals to close the racial wealth gap, from baby bonds to reparations. A simulation suggests policies short of direct aid to blacks won’t do the trick.
Better data would tell us more about the ultrawealthy, but they really do seem to be growing more wealthy, more quickly, than the rest of us.
Mexico’s new president has reduced his own salary and demanded that all federal workers
– including lawmakers and judges – take a massive pay cut, too. That may be illegal.
Lots of things have happened in a century, but poverty has proven persistently hard to treat.
The presidents of the University of Michigan, the University of Oregon and The Ohio State University offer three ways to judge the value of a college education.
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.
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.
Developing country governments need to give attention to the risks associated with new technologies and develop context-specific responses.