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The Latest Breaking News from Inequality

NZ’s housing market drives inequality – why not just tax houses like any other income?

The Green Party made waves recently when it proposed to tax net wealth over NZ$2 million for individuals and $4 million for couples. As part of a broad range of actions, the policy aims to “end poverty”.

The Conversation

Tory austerity chief George Osborne admits UK had no economic plans for lockdown

The Tory Chancellor between 2010 and 2016 attempted to defend the Tories' controversial austerity measures, saying he 'completely' rejects it depleted health and social care capacity and rising inequality

Daily Mirror

How inequality shapes your experience of a heatwave

When the mercury rises, does your anxiety rise with it? If so, you are not alone. According to the UK’s Office for National Statistics, three-quarters of British people are worried about climate change and 43% claim to experience anxiety about the state of the planet: a number that rises around…

The Conversation

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The West is poorer and ‘it's very good news,’ says top inequality researcher. ‘There is no reason why for 2 centuries, people from the West should’ve been at the top’

Westerners can’t afford all the things they used to, Branko Milanović says: “I don't see that as a catastrophic outcome. I see it as a rather good outcome.”

Fortune

Global economic inequality at lowest level in nearly 150 years

Increasing equality is good for the planet as a whole, but it foreshadows an end to U.S. hegemony.

Axios

These millionaires want to tax the rich, and they're lobbying working-class voters

A group called Patriotic Millionaires has failed to get Congress to raise their taxes or boost the minimum wage. Now they're taking their concerns about inequality to swing-state voters.

WEKU

Is male reproduction in humans more egalitarian by mammalian standards?

A spectacularly detailed study about human uniqueness in just one trait has been published in the Proceedings of the National Academy of Sciences, jointly by 105 authors from 70 institutions in 15 countries. They focused on reproductive success, defined as the number of surviving offspring, and on the differences between…

The Hindu

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Unwavering focus: On the Monetary Policy Committee’s approach to policy

Achieving durable disinflation must remain a non-negotiable goal, especially amid widening income inequality and high unemployment

The Hindu

Trump Indicted, Faces Federal Criminal Charges Under Espionage Act

Plus: FIRE investigates "woke" Florida professor's dismissal, inequality index finds progress across multiple dimensions, and more...

Reason

3 reasons why VC billionaire Marc Andreessen thinks 'A.I. is quite possibly the most important—and best—thing our civilization has ever created'

He says the technology will increase wages and reduce inequality.

Fortune

Why we need to rewrite the script on corporate taxes

During the provincial election campaign in Alberta, the United Conservative Party (UCP) frequently criticized the NDP for its proposed increase in the corporate tax rate from eight per cent to 11 per cent.

The Conversation

How activity in outer space will affect regional inequalities in the future

Science fiction has always been a tool for processing life on Earth. Norwegian sci-fi expert Karl Kristian Swane Bambini has said that the space-bound genre is well placed to “interrogate and reimagine real-world economic disparities”.

The Conversation

Adam Smith Wasn't a Progressive

Stop quoting him out of context on taxation, education, and monopoly.

Reason

Fighting poverty across the EU - one of the bloc’s top priorities (part 2)

How does the European Union use cohesion funds to reduce poverty and inequality across the bloc? Our first stops are in two of the EU’s poorest countries, Bulgaria and Romania, to look at the role that EU aid plays in the areas of education and public transport. We also visit…

France 24

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The Hindu

Focus on poor tribal households will improve health of children, study finds

Inequality in wealth among tribal families in Jharkhand and Odisha has affected poor children’s growth

The Conversation

Automation risks creating a two-tier workforce of haves and have-nots

The recent news that BT would reduce its workforce by as many as 55,000 by 2030, including about 10,000 jobs replaced by artificial intelligence (AI), is part of a growing trend of job losses globally due to various forms of automation.

The Guardian - UK

2% tax on UK rich list families ‘could raise £22bn a year’

Campaigners for tax reform say similar levies in Europe have helped to reduce inequality

Bangkok Post

Business groups back 'fair growth' principle

Key business groups welcome the Move Forward Party's campaign promises to tackle economic inequality, but wonder if it can solve a problem that has long plagued the country.

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The Conversation

Deaths of despair: How income inequality puts Canadian youth at risk

Income inequality has been linked to poor physical and mental health in past research, but more recent evidence suggests the issue of income inequality may be much more severe than previously expected.

The Conversation

How Erdoğan framed his science and tech 'great achievements' as part of election campaign

President Recep Tayyip Erdoğan has ruled Turkey for the last 21 years. In the first few terms of his rule, Turkey experienced significant economic growth and a reduction in inequality. This was widely believed to be a reason for Erdoğan’s long-term popularity.

The Canberra Times

Canberrans lead the nation in support for gender equality

Canberrans trust women more than anywhere else in the country.

Fortune

OpenAI’s Sam Altman says he learned a lot from Elon Musk. But doesn’t share Musk’s enthusiasm for colonizing Mars

Protests and pleas for selfies greeted the OpenAI cofounder at a packed London talk where he outlined his vision of A.I. regulation and how A.I. will impact economic inequality.

The Guardian - UK

Weed-spliced concrete block at flower show highlights green space disparities in Chelsea

Smallest ever display aims to provide ‘visual representation of the stark reality of inequality’

The Hindu

Money is about more than just survival

There may be anger over capitalism in the context of income and wealth inequality, but money is about more than just survival

Evening Standard

Jeremy Corbyn backed to stand as Labour candidate by members in Islington North

The former Labour leader told the Standard he was ‘focused on campaigning to end poverty, homelessness and inequality on behalf of the people of Islington North’

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