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Keyword: inequality

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  • Discrimination and Disparities

    04/04/2018 6:45:08 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | April 4, 2018 | Walter E. Williams
    I don't mind saying that this column represents a grossly understated review of "Discrimination and Disparities," just published by my longtime friend and colleague Dr. Thomas Sowell. In less than 200 pages, Sowell lays waste to myth after myth not only in the United States but around the globe. One of those myths is that but for the fact of discrimination, we'd all be proportionately represented in socio-economic characteristics, such as career, income, education and incarceration. The fact of business is that there is no evidence anywhere on earth, at any time in human history, that demonstrates that but for...
  • Harsh Truths About Wealth And Income Inequality

    04/02/2018 9:22:25 AM PDT · by davikkm · 8 replies
    IWB ^ | Daniel Carter
    Ever since the Great Recession of 08-09, we have been inundated with news about the growing gap between the rich and the poor. These narratives have been amplified in recent years by the growing influence of socialism in the Western world. Bernie Sanders – the most popular socialist in the US – has galvanized his supporters by talking about the evil doings (real or imagined) of the top 1%. Unfortunately for his impressionable supporters, Bernie’s understanding of wealth and income inequality is extremely limited. With all this talk of wealth and income inequality in the past few years, I became...
  • Why Are Black Students Punished So Often? Minnesota Confronts a National Quandary

    03/18/2018 6:01:12 PM PDT · by reaganaut1 · 88 replies
    New York Times ^ | March 18, 2018 | ERICA L. GREEN
    MINNEAPOLIS — When Erin Rathke, the principal at Justice Page Middle School, is called to extract a student from class, she hears the same plea over and over again, most often, she has to admit, from black children: “The teacher only sees me.” The plea weighs heavily at Justice Page, where African-American students are 338 percent more likely to be suspended than their white peers. “It’s painful sometimes, but I have to say, ‘Yes, that’s probably true,” Ms. Rathke said. It is a reality that district leaders here have been grappling with for years: The Minneapolis school district suspends an...
  • NYT: A Billionaire and a Nurse Shouldn’t Pay the Same Fine for Speeding

    03/18/2018 6:31:28 PM PDT · by Simon Green · 98 replies
    The New York Times ^ | 03/15/18 | Alec Schierenbeck
    If Mark Zuckerberg and a janitor who works at Facebook’s headquarters each received a speeding ticket while driving home from work, they’d each owe the government the same amount of money. Mr. Zuckerberg wouldn’t bat an eye. The janitor is another story. For people living on the economic margins, even minor offenses can impose crushing financial obligations, trapping them in a cycle of debt and incarceration for nonpayment. In Ferguson, Mo., for example, a single $151 parking violation sent a black woman struggling with homelessness into a seven-year odyssey of court appearances, arrest warrants and jail time connected to her...
  • Henry Ford on the Justice of Inequality

    03/06/2018 4:08:35 PM PST · by huckfillary · 28 replies
    The Objective Standard ^ | March 6, 2018 | Jon Hersey
    We hear a lot about income inequality today. Bernie Sanders nearly displaced the established democrat, Hillary Clinton, in the 2016 presidential primaries by being the more vociferous opponent income inequality. Scores of economists—armed with charts and graphs—argue that rising inequality will lead to the breakdown of society. In their article “The Unmet Promise of Equality,” Fred Harris and Alan Curtis write, “Today, the top 1 percent receive 52 percent of all new income. Rich people are healthier and live longer. They get a better education, which produces greater gains in income.”1 In his article “Income Inequality in the U.S. Is...
  • Problems with Oxfam’s Inequality Report

    01/27/2018 7:46:22 AM PST · by Kaslin · 10 replies
    Townhall.com ^ | January 27, 2018 | Young Voices Advocates
    By Ryan KhuranaIt’s time for the World Economic Forum once again, when a subset of the world’s rich elite meet in Davos, Switzerland for a luxurious few days of self-congratulations, while they lampoon another subset of the rich elite for all global problems. The festivities as usual are heralded by the Oxfam report on global inequality, this year entitled “Reward Work, not Wealth.”Oxfam calculates, using a data set provided by Credit Suisse, that 42 people own 50 percent of the world’s total wealth. From this and other insights about the top 1 percent, such as their collective ownership of 82...
  • A 'prominent Upper East Side couple' in NYC is offering 2 people a $150,000 salary to cook [tr]

    12/29/2017 6:15:22 AM PST · by C19fan · 60 replies
    Business Insider ^ | December 28, 2017 | Tanza Loudenback
    You don't have to be rich to live among the wealthy. One family in New York City is hiring a live-in "domestic couple" to oversee cooking, cleaning, childcare, and construction at their second home, a 30,000 square-foot townhouse.
  • Why Democrats Are Obsessed With Wealth Inequality

    11/11/2017 11:19:28 AM PST · by Tolerance Sucks Rocks · 37 replies
    The Daily Signal ^ | October 31, 2017 | Dennis Prager
    Here is how many times keywords were spoken: Wall Street: 23Tax: 20Inequality: 9Wealthy: 7 Now, compare the number of times other national concerns were mentioned: ISIS: 4Terror/ists/ism: 2Defense: 2Military (excluding Jim Webb): 1Freedom: 1Debt (national): 0Liberty: 0Strength: 0Armed forces: 0Islamist/Islamic: 0
  • Piketty's Inequality Theory Gets Dinged [Bloomberg Link Only]

    10/23/2017 6:53:31 AM PDT · by C19fan · 5 replies
    Bloomberg ^ | October 23, 2017 | Noah Smith
    Link
  • The Triumph of Inequality

    08/16/2017 9:38:55 PM PDT · by Raymond Pamintuan · 2 replies
    PJ Media ^ | August 14, 2017 | David P. Goldman
    We spent a great deal of time talking about inequality of opportunity and outcomes. The tech industry is fanatically progressive in its opinions, as the unfortunate James Damore, formerly of Google, recently learned. The tech industry's drivel about diversity and equality masks a guilty conscience: Digital technology creates inequality of a kind we have never seen before in human history. Instead of talking about inequality of outcomes, suppose we talked about inequality of knowledge? Three hundred years ago, pretty much everyone knew how their technology worked. Europe had lived for a millennium on the innovations of the Carolingian Renaissance: the...
  • 'BY WOMEN, FOR WOMEN' Vegan cafe charges male customers 18 percent ‘man tax’ and seats women first

    08/06/2017 11:00:07 AM PDT · by 2ndDivisionVet · 102 replies
    The Sun ^ | August 5, 2017 | Patrick Knox
    Feminist vegan hopes the move will provoke people into discussing unfair treatment of women A CAFE is making waves after it began charging blokes more money in a bid to close the gender pay gap. The feminist vegan owner of Handsome Her eatery in Melbourne, Australia, is making them pay an 18 per cent “man tax” as well as giving women priority over seating. Owner Alex O’Brien told Broadsheet website: “I do want people to think about it, because we’ve had this (pay discrepancy) for decades and decades and we’re bringing it to the forefront of people’s minds. “I like...
  • Cultural Marxism and Euphemisms

    04/24/2017 11:56:49 AM PDT · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 04/24/17 | Dr. Ileana Johnson Paugh
    Liberalism is not really freedom; it thrives on divisiveness, separation, and inequality Cultural Marxist academics, their sycophant students, and the main stream media are at war with America—a war of violent Marxist ideology and a war of cleverly chosen words and euphemisms that appear time and time again in many college courses, high school classes, in propaganda literature, newspapers, conferences, and in the manufactured news. Cultural Marxists are regular guests on all the alphabet soup networks masquerading as real news, spewing their hatred, their disdain and disrespect for our President, and their calls to renewed violence in the streets through...
  • The Dow just hit 20,000, but half of America missed out

    01/25/2017 11:59:39 AM PST · by SeekAndFind · 24 replies
    Yahoo Finance ^ | 01/25/2017 | Myles Udland
    On Wednesday, the Dow Jones Industrial Average traded above 20,000 for the first time. This barrier, which is more important psychologically than it is for actual investment decisions, had been in the market’s sights for over a month after the post-election rally that followed Donald Trump’s election sent stocks to new records. Unfortunately, however, many Americans missed out. Back in April 2016, Gallup conducted its latest annual poll showing that just 52% of American adults owned stocks, via either individual issues, mutual funds, or self-directed 401(k) plans. This matched the lowest ownership level in Gallup’s 19-year tracking of this measure....
  • Inequality and Skin in the Game

    01/14/2017 3:03:02 AM PST · by oblomov · 14 replies
    Medium ^ | 27 Dec 2016 | Nassim N. Taleb
    There is inequality and inequality. The first is the inequality people tolerate, such as one’s understanding compared to that of people deemed heroes, say Einstein, Michelangelo, or the recluse mathematician Grisha Perelman, in comparison to whom one has no difficulty acknowledging a large surplus. This applies to entrepreneurs, artists, soldiers, heroes, the singer Bob Dylan, Socrates, the current local celebrity chef, some Roman Emperor of good repute, say Marcus Aurelius; in short those for whom one can naturally be a “fan”. You may like to imitate them, you may aspire to be like them; but you don’t resent them. The...
  • UK's May says inequality drives voters to extremist 'fringe'

    01/09/2017 7:22:43 AM PST · by Olog-hai · 6 replies
    Associated Press ^ | Jan 9, 2017 9:01 AM EST
    British Prime Minister Theresa May says mainstream politicians must address the insecurity and inequality spawned by globalization or see voters turn to “fringe” voices on the left and right. May says the “politics of division and despair” is spreading across Europe because centrist politicians have failed to ensure that the benefits of free markets are distributed widely. …
  • Inequality Is Still the Defining Issue of Our Time [TPP/TRADE IS UNEQUAL]

    10/13/2016 3:42:17 AM PDT · by expat_panama · 4 replies
    The Nation ^ | October 12, 2016 2:41 pm | Robert L. Borosage
    Opponents of the Trans Pacific Partnership protest outside the White House. (Reuters / Gary Cameron) In 2011, President Obama, speaking in the wake of Occupy Wall Street, called inequality the “defining issue of our time.” Now Jason Furman, chair of the Council on Economic Advisors, argues that Obama “narrowed the inequality gap” more than any president in 50 years... ...Don’t take down the barricades. Inequality remains extreme and continues to widen... ...report measures Obama’s reductions against what inequality would have been if George Bush’s policies had been sustained through the Great Recession... ...the richest 1 percent continue to pocket the...
  • Hollywood inequality is 'entrenched', study suggests

    09/07/2016 9:35:41 AM PDT · by Ennis85
    BBC News ^ | 7th September 2016 | BBC News
    Dubai Municipality has, for the first time in the Middle East, launched a robot as a rescuer on public beaches for the security and safety of beach-goers in the emirate. Alya Al Harmoudi, Director of the Environment Department at DM, said: "The move is also in response to Dubai government directives to keep up with the latest technologies and innovations in this area as well as to ensure that all the necessary requirements and precautions are in place to enhance the rescue operations on the public beaches of Dubai." The robot, which can reach a speed of 35 Kph, or...
  • Robert Shiller's Inequality Confusion Is a Catastrophe for Economists

    09/01/2016 4:43:23 AM PDT · by expat_panama · 14 replies
    Real Clear Markets ^ | September 1, 2016 | John Tamny
    Economist Robert Shiller predicted in a recent New York Times piece that economic inequality "could become a nightmare in the decades ahead." He believes that the very economic evolution that has always led to higher living standards for all "could lead us into a world in which basic work with decent pay becomes impossible to find." Shiller cites the proliferation of robots to allegedly bolster the previous statement. Shiller's limp arguments are a reminder of why we should approach the musings of economists in much same way we do the projections of palm readers. To see why Shiller is promoting...
  • Compensating Differences

    08/03/2016 5:02:11 AM PDT · by Kaslin · 17 replies
    Townhall.com ^ | August 3, 2016 | Walter E. Williams
    What economists call an ability to make "compensating differences" is a valuable tool in everyone's arsenal. If people are prohibited from doing so, they are always worse off. You say, "Williams, I never heard of compensating differences. What are they?" Jimmy Soul's 1963 hit song, "If You Wanna Be Happy," explained the concept of compensating differences. His lyrics went: "If you want to be happy for the rest of your life, never make a pretty woman your wife. So from my personal point of view, get an ugly girl to marry you." His point was that an ugly woman would...
  • Democrats will meet in a city of great economic inequality

    07/24/2016 9:42:00 PM PDT · by Olog-hai · 17 replies
    Associated Press ^ | Jul 24, 2016 1:29 PM EDT | Kathy Matheson
    When the Democrats come to the City of Brotherly Love to nominate Hillary Clinton for president and the talk turns to income inequality and the 1 percent, Exhibit A will be right outside their windows: Philadelphia itself. The nation’s fifth-largest city is rebounding, filling some Philadelphians with an unfamiliar sense of civic pride. And yet it struggles with the gap between rich and poor that Sen. Bernie Sanders decried during his campaign against Clinton, with 26 percent of residents living in poverty, the highest rate among the 10 biggest cities in the U.S. The July 25-28 convention creates an opportunity...