Tag: Economics

This formally inventive documentary traces “the history of poverty.” Credible and delightful, it is an hour long, but worth your time. It suggests that poverty

Dylan Matthews at the Washington Post looks at charitable giving in the US and finds that only a third of all giving actually goes to the poor. Is that a bad thing?

The Pew Research Global Attitudes Project says a country with an advanced economy will also have less food deprivation. Except in the United States, which has the richest economy but where, according to the survey, 24% of Americans have trouble putting food on the table.

Timothy Noah, author of The Great Divergence: America’s Growing Inequality Crisis And What We Can Do About It says factors that have enriched the top

A few figures from this short film on wealth inequality: The top one percent own half the country’s stocks, bonds and mutual funds. The bottom

Martin Luther King, Jr., died before he could lead the Poor People’s Campaign. Forty-five years later, poverty continues to flourish in our wealthy nation. Writing in The New York Times, Nobel Prize winning economist Joseph Stigliz argues that even viewed in strictly economic terms, economic inequalities have begun to undermine the promise of American life

Working men have been surrendered, isolated and helpless, to the hard-heartedness of employers and the greed of unchecked competition…so that a small number of very rich men have been able to lay upon the teeming masses of the laboring poor a yoke little better than that of slavery.