A Closer Look At Evictions Caused By Increased Housing Costs

A Closer Look At Evictions Caused By Increased Housing Costs

If you’ve never been forced out of your home by a county sheriff while movers carry all of your earthly possessions out onto the curb, knowing what that experience feels like can be almost impossible. Matthew Desmond’s brilliant book, Evicted: Poverty and Profit in...
‘Deaths of Despair’ Rising for White Working Class

‘Deaths of Despair’ Rising for White Working Class

White people in the United States are dying at alarmingly early ages. After decades of lengthening life expectancies, white lifespans are now going the other way. An increasingly unequal economy — alongside steadily declining opportunities for workers without a...
More Americans Are Drowning Financially in Underwater Nation

More Americans Are Drowning Financially in Underwater Nation

Are you or a loved one having trouble staying afloat? You’re truly not alone. While the media reports low unemployment and a rising stock market, the reality is that almost 20 percent of the country lives in “Underwater Nation,” with zero or even negative net worth....
Four Wall Street Bonus Charts That May Make You Scream

Four Wall Street Bonus Charts That May Make You Scream

Every year, the New York Comptroller releases a big number representing the combined value of the bonuses Wall Street banks have doled out to their employees. The state government keeps track of these payouts because a really big number boosts their local tax base....
Houston, We Have an Inequality Problem

Houston, We Have an Inequality Problem

The world knows Houston as a major hub for oil and gas and the home of America’s space program. What the world doesn’t know: Rich and poor in Houston are segregating at a phenomenally rapid pace. A new report from the Rice University Kinder Institute for Urban...
Why Not Tax Heirs Directly?

Why Not Tax Heirs Directly?

With the onslaught of inequality-increasing policy directives coming out of the White House these days, it’s easy to lose sight of what good policy ideas look like. Lily Batchelder, author of this just-published Democracy Journal article, refuses to let our bleak...
The Bad News about Good Census Numbers

The Bad News about Good Census Numbers

Poverty is down, median income is up and health coverage expanded last year. These gains are felt across all racial, ethnic, gender and age groups in the U.S. The gender pay gap, income inequality, unemployment rates – all decreasing. Both the poor and those with...
Explaining the Rise in Median Wages

Explaining the Rise in Median Wages

Good news can be elusive when reporting on the steady rise of inequality. So its heartening to see that median household incomes in the past year jumped more than 5 percent in the past year, now up to $56,500 according to a just released Census report. The income...
How Unequal is Your City?

How Unequal is Your City?

Just how unequal is your state, city and county? How much of your community’s income growth is flowing to the one percent? A new report, published by the Economic Policy Institute (EPI), examines the share of income growth that flows to the wealthiest one percent in a...
Inequality Will Get Worse Until There’s a Revolution

Inequality Will Get Worse Until There’s a Revolution

Imagine, after a deep sleep, you suffered the fate of Rip Van Winkle and woke in the spring of 2040. What might you find? Among other things, maybe a presidential candidate railing against America’s concentration of wealth. Except this time, it’s not the 1 percent...
What Happens When the Rich and Poor Literally Stop Seeing Each Other?

What Happens When the Rich and Poor Literally Stop Seeing Each Other?

(Image: Boston Globe) There’s a well-established phenomenon in social psychology that states people tend to like things they’re familiar with. Just by the mere practice of being exposed to people or things regularly, our opinion rises and our capacity for empathy...
7 Things You Didn’t Know About The Ultra Rich

7 Things You Didn’t Know About The Ultra Rich

Each year, the Internal Revenue Service (IRS) publishes data on the collective income of the 400 taxpayers who report the most income on their tax returns. At the end of December, the IRS released cumulative data for the top 400 for the tax year 2013. The delay in...
Unequal ZIP Codes

Unequal ZIP Codes

Last April, on an “America-roots-music” family road trip, we took a rambling drive out of Memphis and down Highway 61 into the Mississippi Delta. Late in the afternoon we crossed the Mississippi River and wandered into the once thriving Delta town of Helena, Arkansas....
Looking Beyond The Election

Looking Beyond The Election

The presidential primary election is dominating today’s news cycle as candidates from both parties aim to win over voters in the early primary states. In this media frenzy, it’s easy to lose track of the long-term vision for serious economic change. What could a...