Defining the Heisei Era: Women in Japan speak out on inequality
Last April, a female reporter from TV Asahi accused Junichi Fukuda, the top bureaucrat at the Finance Ministry, of sexual harassment. The woman recorded the conversation, excerpts of which were later published by weekly magazine Shukan Shincho. The magazine also released an edited audio clip said ...
Globalization must center on people
After the 'yellow vests' challenged Macron in France, is there a way out of the conundrum for G20 nations?
Poverty: the dark side of the American empire
U.S. politicians must do more to help the 43 million Americans mired in poverty.
The decline and fall of America's working class
Why are mortality rates rising for American working-class whites?
Inequality debate looks in the wrong direction
What's truly terrible in America isn't that a few people have so much. It's that so many people have so little.
Henry George advocated forcefully for a land tax in his 1879 book, "Progress and Poverty." More than 135 years later, perhaps its time is ripe.
Business Book of the Year is timely but way off target
The economics in Thomas Piketty's "Capital in the Twenty-First Century," chosen the Business Book of the Year by the Financial Times, leaves a lot to be desired. But its timing was fantastic.
The difference between good and bad equality
The "old" theory about inequality was that redistribution via the tax system weakened incentives and undermined economic growth. But the relationship between inequality and growth is far more complex and multi-dimensional than this simple trade-off suggests.
Suicide kills more Americans than gun violence
Being poor doesn't bum people out. Being poorer than other people — people whose relative wealth you personally witness — does.
Economic inequality by the click
Free markets are expected to distribute the fruits of some new technologies in dramatically unequal ways. Will the relative losers, satiated by computer games and Internet entertainment, and provided with the basics of a minimally acceptable life, be too docile to revolt?
Inequality threatens Mandela legacy
Nelson Mandela emerged from 27 years in apartheid jails in 1990 pledging to seize South Africa's mines and banks. Four years later, his government slashed spending and courted foreign investors, paving the way for the longest period of growth in the country's history. The former ...
Anxiety replacing confidence for many Chinese
Billionaires as well as the new middle class are hedging their bets on China. Some joke that the president's slogan of "a Chinese dream" refers to getting your kids into an American university.
