News tagged with income inequality

Super rich benefit from 'status quo bias'

(Phys.org) —Income inequality – between the super-rich and the rest of us – and a sorry record of progressive policy initiatives from Congress all can be traced to a built-in "status quo bias" in our political system, ...

Dec 24, 2013
3.8 / 5 (44) 27

Material success and social failure?

It is common knowledge that in rich societies the poor have shorter lives and suffer more from almost every social problem. Likewise, large inequalities of income are often regarded as divisive and corrosive.

Mar 02, 2009
4.6 / 5 (8) 3

Is this the year you join the one percent?

Here's some good news for the New Year: According to new research by Washington University in St. Louis and Cornell University, there's a 1 in 9 chance that a typical American will hit the jackpot and join ...

Jan 29, 2015
3.2 / 5 (5) 1

High-income Americans more segregated than ever

(Phys.org) —Since 1970, middle‐income neighborhoods have been disappearing. In 2009, only 42 percent of families lived in middle‐income neighborhoods, compared with 65 percent four decades earlier, reports a new Cornell-Stanford ...

Oct 17, 2013
4.6 / 5 (9) 0