There was an op-ed in the New York Times the other week that detailed some of the economic inequality in the US. It used academic data to discuss how poorly Americans estimate the level of social mobility. It’s certainly worth reading, but I wanted to highlight one section (and study): Studies by another author of this article, …
Tag Archives: Inequality
Best Posts of Jeremiah Stanghini’s Blog in 2014
If you read last year’s “best of” post, you’ll notice that there’s some overlap with this year’s “best of” post. However, some of the posts that didn’t overlap surprised me. Similar to last year, at first, I’m inclined to do a best of 2014 and a best of all-time, but after looking at the statistics, the best of 2014 …
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85 People Have As Much Wealth as 3.5 Billion People
Just think about that headline for a second… 85 people have as much wealth as 3.5 billion people. Eighty-five vs. Three and a half billion. Maybe looking at the words isn’t enough, let’s look at it in numbers. 85 vs. 3,500,000,000. If I were graphically inclined, I’d make a quick “infographic” showing 85 people on one …
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Poorest Canadians Spend More Than Half of Income on Food & Shelter
Just over a week ago, I saw this photo retweeted by Gerald Butts, who happens to be a senior advisor to Justin Trudeau (the Leader of the Liberal Party of Canada). As I’ve spent most of my adult life in the US, I’m used to hearing and writing (here, here, and here) about some of …
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Chapter 3 – Fairness and Inequality: What Money Can[‘t] Buy, Part 3
It’s been a couple of weeks since I last finished a chapter in Michael Sandel’s book, What Money Can’t Buy. I recently completed chapter 3 a couple of nights ago and there were some intriguing things to think about. Let’s get right to it! For me, there were two important parts to the chapter. The first is …
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Can We Make “Looking Down Your Nose” a Good Thing?
A couple of days ago I mentioned that I was going to be doing a post about Chrystia Freeland’s book Plutocrats. I haven’t yet finished it, but there is something I wanted to talk about before I got to the end. I’m about halfway through the book and the main focus of the conversation is the 0.1% …
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Perception vs. Reality: Revisiting Wealth Inequality in America
This past summer, I wrote a post that shared some information about wealth inequality in the US. I was actually sharing information that had been published the summer before (in 2011). There was a telling graphic that followed as a result of the study (I’ve included it below): Keeping in mind that this study was …
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Jeremiah Stanghini 