The top quarter of American income earners can expect to live a decade longer than the bottom quarter, medical research shows. This health disparity seems downright cruel. Not only do those in poverty have to pay more for things like credit and insurance, they also pay more years to the Grim Reaper.
Unlike income inequality, transferring years of life from the rich to the poor is not a feasible option. To find a real solution, we must know what drives the inequity. Read More
One way of understanding California is simply to invert traditional morality. What for centuries would be considered selfish, callous, and greedy is now recalibrated as caring, empathetic, and generous. The current ethos of evaluating someone by his or her superficial appearance – gender or race – has returned to the premodern values of 19th-century California when race and gender calibrated careers. We don’t pay medieval priests for indulgences of our past and ongoing sin, but we do tweet out displays of our goodness as the penance price of acting amoral. Read More
A groundbreaking study by Just Facts has discovered that after accounting for all income, charity, and non-cash welfare benefits like subsidized housing and Food Stamps – the poorest 20% of Americans consume more goods and services than the national averages for all people in most affluent countries. This includes the majority of countries in the prestigious Organization for Economic Cooperation and Development (OECD), including its European members. In other words, if the U.S. “poor” were a nation, it would be one of the world’s richest. Read More
by Ryan McMaken One of the challenges in looking at income and wealth data is getting a sense of how different demographic groups are affected. It’s relatively easy to find median income and wealth data over time for the entire population, for example. But then problems of interpretation immediately… Read More
by Natalia Castro Residents of Maryland were likely filled with pride when the USA Today state wealth index listed Maryland as the wealthiest state in the country. With the second lowest poverty rate and the highest median household income, one might assume Maryland has an engaged and efficient workforce.… Read More
by Robert Osburn Celebrated this past July 4, America’s founding story of freedom is truly remarkable: unity, courage, integrity, and national integration (incorporating people from around the world). In most other places, the freedom story is bloody, exclusive, and, ultimately, tyrannical. Take Nicaragua, for one example: In 1979, the Sandinistas… Read More