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Latest Economic inequality Stories

2013-03-19 23:02:52

Reece Freeman, of ChooseWhat.com, introduces why a "Living Wage" makes more sense than "Minimum Wage" for small businesses after President Obama's call to raise the minimum wage to $9 an hour. Austin, TX (PRWEB) March 19, 2013 At this year´s State of the Union address, President Obama laid out a series of plans for the first year of his second term. One of the most controversial ideas introduced was the plan to raise the minimum wage from $7.25 to $9.00 per hour and tie this wage to...

2013-02-27 14:07:43

Same gain in income produces far greater wealth for white households than black families New research shows the dramatic gap in household wealth that now exists along racial lines in the United States cannot solely be attributed to personal ambition and behavioral choices, but rather reflects policies and institutional practices that create different opportunities for whites and African-Americans. So powerful are these government policies and institutional practices that for typical...

2012-09-20 17:15:17

Moving from a high-poverty to lower-poverty neighborhood spurs long-term gains in the physical and mental health of low-income adults, as well as a substantial increase in their happiness, despite not improving economic self-sufficiency, according to a new study published in the Sept. 20 issue of Science by researchers at the University of Chicago and partners at other institutions. Although moving into less disadvantaged neighborhoods did not raise incomes for the families that moved,...

2012-07-25 00:04:34

New research from North Carolina State University shows that informal social networks play an important role when it comes to finding jobs in both the United States and Germany, but those networks are significantly more important for high-paying jobs in the United States  — which may contribute to economic inequality. “It is interesting to note that the open market system in the United States, with minimal labor regulations, actually sees people benefiting more from...

US Life Expectancy Lower Than Other Developed Nations
2012-06-22 13:59:43

Connie K. Ho for redOrbit.com Ralph Waldo Emerson once said, “All life is an experiment. The more experiments you make the better.” Emerson advocated for experimentation throughout life. In particular, there is one experimental study that should be observed as it relates to life expectancy. Researchers from Rice University and the University of Colorado, Boulder recently discovered that, even though the U.S. has progressed in the number of people who live with a longer...

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2012-05-29 21:59:26

Michael Harper for RedOrbit.com The age-old struggle between classes may be even older than we thought, according to a new study carried out by archaeologists from the Universities of Bristol, Cardiff and Oxford. According to their research, hereditary inequality may have begun as early as 7,000 years ago in the Neolithic era. The archeologists found evidence showing farmers who were buried with tools were also buried in better land than those farmers without. The research was...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.