| Sep 4, 2013 | Economy / BusinessFifty years ago, average Americans lived in a society where less than $10 of every $100 in personal income went to the nation’s richest 1 percent. Our top 1 percent are now grabbing just under 20 percent of America’s income, double the 1963 level. How did...
| Aug 21, 2013 | Economy / BusinessIn The Spirit Level: Why Greater Equality Makes Us Stronger, the landmark 2009 book on the impact of deep economic divides on our daily lives, the surprise societal star — at least for most American readers — turns out to be the state of Utah. On all sorts of measures...
| Aug 14, 2013 | Economy / BusinessAmazon’s bezillionaire CEO is buying The Washington Post, America’s second-most prestigious daily newspaper. Jeff Bezos only had to pay $250 million, less than 1 percent of his $28 billion personal fortune. Has plutocracy finally overwhelmed our press?...
| Aug 7, 2013 | Economy / BusinessInequality has a silver lining. At least the awesomely affluent think so. If we didn’t have grand fortunes, their claim goes, we wouldn’t have grand philanthropy. No foundations and handsome bequests for underwriting good causes. No gifts and grants by the...
| Jul 17, 2013 | Environment / HealthLet’s talk life expectancy. The stats first. They tell a shocking story: Americans now live shorter lives than men and women in most of the rest of the developed world. And that gap is growing. Back in 1990, shouts a new study just published in the Journal of...