Money & Markets
Data show that the world’s poor have still not recovered from the 2008 financial crisisThe 2008 financial crisis was a disaster for inequality. The recovery has not been that much better.
Updated July 20, 20221 min read
The 2008 financial crisis was a disaster for inequality. The recovery has not been that much better.
Women are happier than men. Or so they say.
The last job numbers for 2016 are out. They’re solid, let’s say tolerable.
Along with GDP growth, the unemployment rate is the most recognized economic statistic in the United States. It’s too bad it is so misleading.
The data confirm reports of HBO’s creative demise.
The specter of ethnic violence hangs over the United States. US president-elect Donald Trump’s incendiary rhetoric about Muslims, Mexicans and other groups have appealed to white nationalists, and racist attacks appear to be on the rise since his victory. Trump has a track record of encouraging violence [paywall], and minority groups in the US feel unusually threatened.
The preventable death of children in poor countries remains one of the world’s greatest scourges. Close to 3 million children under the age of five die each year, mainly in the developing world, from diseases that are easily treated.
The year in pop began with a resurgent Justin Bieber, summered with Drake and Rihanna and ended, as it always does, with Mariah Carey.
Every year, the Organisation for Economic Co-operation and Development (OECD) releases a data-packed report (pdf) on the state of education in its 35 member countries. The 2016 edition contains a salary comparison for high-school teachers versus other full-time workers in that country with similar educational attainment. The data was only available for 13 of the member countries.
The majority of philanthropic giving has always primarily come from the rich, given that they have most of the money.
If only we would all just use our rational, scientific minds. Then we could get past our disagreements.
Hunger Games come and Fifty Shades go, but StrengthsFinder 2.0 is here to stay.
US president-elect Trump’s anti-Chinese rhetoric is nothing new. For almost 200 years, oftentimes racist resentment of Chinese workers in the US has been a fact of American life.
Red Bull is causing a crisis in European soccer.
The 17 people who US president-elect Donald Trump has selected for his cabinet or for posts with cabinet rank have well over $9.5 billion in combined wealth, with several positions still unfilled. This collection of wealth is greater than that of the 43 million least wealthy American households combined—over one third of the 126 million households total in the US.
“Alt-right” was a finalist for Oxford Dictionaries’ 2016 international word of the year. The term appeared in over two hundred New York Times articles in 2016. For news junkies, the story of the rise of the alt-right—the name for the increasingly prominent group of White nationalists that have been among US president-elect Donald Trump’s biggest supporters—was unavoidable.
People are sensitive. A little bit of encouragement can change the trajectory of our lives.
It is increasingly common for governments to give poor people money. Rather than grant services or particular goods to those in poverty, such as food or housing, governments have found that it is more effective and efficient to simply hand out cash. In some cases, these cash transfers are conditional on doing something the government deems good, like sending your children to school or getting vaccinated. In other cases, they’re entirely unconditional.
The conventional full-time job is disappearing.
American universities look to international students for diversity, talent, and perhaps most importantly, to fill their coffers.