Will universal basic income ever become an American reality?

Finland is on the verge of launching a two-year experiment in which a randomly selected group of 2,000 unemployed people—from white-collar computer programmers to blue-collar construction workers—will receive a monthly ...

Racial and economic disparities intertwined, study finds

By many measures, the U.S. has made important strides when it comes to civil rights: The racial gaps in educational achievement, life expectancy, and wages, though still considerable, have all narrowed measurably in the past ...

Inequality and investment bubbles

"Money, it's a gas," says the sixties rock group Pink Floyd in their song "Money." Indeed, physics professor Victor Yakovenko is an expert in statistical physics and studies how the flow of money and the distribution of incomes ...

Economists report surging income inequality in United States

Economic growth for those in the bottom half of the income distribution in the United States has stalled since the 1970s, but it's going gangbusters for those on the upper rungs, according to new research.

Most people experience relative poverty at some point

How does one define "poverty?" The federal government draws a line, and if you're below it, you're poor. A Cornell sociologist seeking a more nuanced view of the American experience says poverty can be better understood in ...

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