News tagged with inequality

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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 | with audio podcast

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

Poverty stuck at 15 percent—record 46.5 million

The nation's poverty rate remained stuck at 15 percent last year despite America's slowly reviving economy, a discouraging lack of improvement for the record 46.5 million poor and an unwelcome benchmark for President Barack ...

Sep 17, 2013
3 / 5 (2) 4

San Francisco split by Silicon Valley's wealth

Every weekday starting at dawn and continuing late into the evening, a shiny fleet of unmarked buses rolls through the streets of San Francisco, picking up thousands of young technology workers at dozens of stops and depositing ...

Aug 22, 2013
4.3 / 5 (8) 18