This is an article from World Review: The State of Democracy, a special section that examines global policy and affairs, and is published in conjunction…
Home »
The Federal Reserve chair says the United States needs ‘more inclusive prosperity.’
By Jeanna Smialek Jerome H. Powell, the Federal Reserve chair, said on Tuesday that the central bank was focused on returning the economy to full…
The Inequality of the GoFundMe Economy
This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. Turning to the internet for financial help…
One Thing America Might Buy With All the Spending? Less Inequality.
The Biden administration is relying on Congress instead of just the Fed to fix the economy. That mix could lead to a less wealth-unequal future.…
Covid-19 Pushes India’s Middle Class Toward Poverty
The pandemic sent 32 million people in India from the middle class last year. Now a second wave is threatening the dreams of millions more…
A K-Shaped Recovery, This Time on a Global Scale
Emerging markets are at risk of falling far behind their advanced counterparts. That’s the whole world’s problem, officials warned. By Alan Rappeport and Jeanna Smialek…
Is New York Finally Ready to Tax the Rich?
This September it will be 10 years since thousands of people descended on Zuccotti Park, in Lower Manhattan, to protest economic inequity — one result…
Concern over rich-poor divide on the rise during Covid-19 pandemic
NEW YORK (REUTERS) – People, especially the young, have become more concerned about the gap between rich and poor during the coronavirus pandemic the authors of a…
A class apart? Meritocracy, social mixing and effects on national unity
A friend told me that having lived in a condominium all her life, she grew up thinking she was poor. “You see, all my classmates…
Covid-19 condemns billions to poverty for a decade: Oxfam
PARIS (AFP) – The Covid-19 crisis is aggravating inequality, with the richest quickly getting richer while it will likely take years for the world’s poorest…