Wealth

A yacht maneuvers near homes on Palm Island

Cities suffer when the 1% leave

Why many of us lose when the wealthiest move out of high-tax cities.

Joe Biden, Bernie Sanders, and Kamala Harris at a Democratic primary debate.

As the American wage gap grows, workers of color are being left behind

Supreme Court

Supreme Court a millionaire’s club

Economics

Average net worth of Congressmen and women now $913,000

Global Politics

Wealth gap between whites and minorities increases

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How to Fight the Wealth Gap

A new study from the Urban Institute finds that the gap between the wealthiest and poorest Americans is rising. It seems as though the old American adage that if you work hard and play by the rules, you’ll achieve some kind of economic stability — if not success — no longer applies to those who […]

Measuring Wealth, One Big Mac at a Time

How do you compare the wealth of nations? An economics professor at Princeton University thinks such a big question has a bite-sized answer: buy a Big Mac. Orley Ashenfelter is the author of the Big Mac Index, which measures a country’s wealth based on a McDonalds worker’s average wage and the cost of a Big […]

The World

How Green Can the GNP Be?

John Greenberg reports from Washington on the trials and tribulations of building a Gross National Product that accounts for environmental change. Advocates of greening up the economic measure claim it is crucial to include costs and gains to natural resources when weighing our national wealth.

Replacing Wall Street

Author David Korten explains why we should build an economic system that places a premium on families, communities, and the environment.

The World

Income inequality may have big costs for economy, country

Arts, Culture & Media

A small group of economists are trying to study whether income inequality may have contributed to the economic collapse. Today, we look at how gaps in income contribute to social and financial crises.

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