How much does inequality cost us? The United States holds far more wealth than any other nation in the world. Yet average people in 11 other countries, says landmark new UN research, are enjoying a higher standard of living than Americans.
Conservatives expected human genome research to help prove that nature, not unequal social orders, determines who ends up sick and poor. But our genes have refused to cooperate.
Over recent decades, recoveries from U.S. recessions have become steadily weaker and weaker. Over these same decades, executive pay has been steadily soaring. Could these two trends be somehow related?
The nation's public colleges are currently facing unprecedented budget shortfalls and cutbacks. Elite private institutions, meanwhile, are sitting on piles of endowment cash and, says a chilling new study, still reserving huge numbers of seats for the offspring of wealthy alumni.
The federal government, right-wingers insist, is going crazy sharing the nation's wealth. In fact, eye-opening new research documents, Uncle Sam isn't sharing the nation's wealth. He's concentrating it.
A modest tax on all U.S. personal fortunes over $1 billion could raise more than enough revenue from the Forbes 400 alone to erase the combined budget shortfalls of every state in the nation.
You want to be happy? You don't need to be rich, says some fascinating new academic research. But you do need not to be poor. So how much income must you actually have to achieve a reasonable facsimile of nirvana? Here's what the researchers are saying.
Another billionaire has bit the dust here in 2010, and another grand fortune, thanks to this year's absence of an estate tax, is passing on tax-free to extremely fortunate heirs. But a new resource may help overcome the lies and half-truths that have the estate tax reeling.
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