The huge income gap between rich and poor in Manhattan is the latest sign that the economic recovery from the pandemic has been lopsided in New York City.
Category: Income Inequality
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LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?
With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.
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Dependence on Tech Caused ‘Staggering’ Education Inequality, U.N. Agency Says
Heavy reliance on online remote learning during the pandemic drew attention away from more equitable ways of teaching children at home, a UNESCO report says.
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Wrestling With Inequality, Some Conservatives Redraw Economic Blueprint
A growing number of Republican politicians and theorists are challenging party orthodoxy on pocketbook issues, corporate power and government’s role.
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Occupational Segregation Drives Persistent Inequality, Study Says
New research points to the limits of education as a path to upward mobility for Black workers.
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Occupational Segregation Drives Persistent Inequality, Study Says
New research points to the limits of education as a path to upward mobility for Black workers.
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Can Shrinking Be Good for Japan? A Marxist Best Seller Makes the Case.
Kohei Saito says the country should seize this moment of demographic and economic challenge to reinvent itself through “degrowth communism.”
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In Poorer Countries, Obesity Can Signal Financial Security
A study found that loan officers in Uganda, where information is scarce, were more likely to offer credit to heavier-looking people.
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How Are New Yorkers Handling the Costs of Child Care?
The New York Times is interested in exploring how New York City residents are navigating the costs and challenges of care.
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China’s Young People Can’t Find Jobs. Xi Jinping Says to ‘Eat Bitterness.’
With youth unemployment at a record, the Communist Party is trying to reset expectations about social mobility by talking up the virtue of hardship.
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The Greatest Wealth Transfer in History Is Here, With Familiar (Rich) Winners
In an era of surging home and stock values, U.S. family wealth has soared. The trillions of dollars going to heirs will largely reinforce inequality.