Related topics: earnings

City gardens, public produce stands ease 'food desert' woes

On his way home, Darnell Eleby paused before boarding the commuter train in Atlanta's Five Points station and maneuvered his wheelchair to a stop not seen on many mass transit platforms: a fresh food stand stocked with colorful ...

Antimicrobial resistance is rising drastically: study

The world is experiencing unprecedented economic growth in low- and middle-income countries. An increasing number of people in India, China, Latin America and Africa have become wealthier, and this is reflected in their consumption ...

Prosperity is about more than money. But what else should count?

More than two decades ago, Professor Andrew Oswald worked at the London School of Economics, UK, when he organised what he says was the world's first conference on the economics of happiness. He put up posters, invited speakers, ...

The future of work will still include plenty of jobs

There is now widespread anxiety over the future of work, often accompanied by calls for a basic income to protect those displaced by automation and other technological changes.

What is 'guaranteed income'?

Starting in February, in Stockton, California, the mayor's office of the city—with funding from the Economic Security Project, the Robert Wood Johnson Foundation, and private donors—launched a pilot program that distributes ...

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Income

Income is the consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received... in a given period of time." For firms, income generally refers to net-profit: what remains of revenue after expenses have been subtracted. In the field of public economics, it may refer to the accumulation of both monetary and non-monetary consumption ability, the former being used as a proxy for total income.

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