Cropped picture of Joseph Stiglitz, U.S. economist. (Photo credit: Wikipedia)
Here’s a brilliant article by Nobel Prize winning economist, Joe Stiglitz, published in the Guardian. Check it out!
Stiglitz is right, the banks just aren’t working properly and the super- rich are getting richer!
Thoughts?
Income inequality and mortality in 282 metropolitan areas of the United States. Mortality is correlated with both income and inequality. (Photo credit: Wikipedia)
This is a recommended article from Vox – it puts some serious research behind the inequality debate. Check it out!
via 5 reasons politics doesn’t fix inequality – Vox.
I am a baby-boomer and my generation believed in opportunity – the American Dream was alive and well.
Sadly, in recent years inequality in both the US and UK seems to have increased, especially since the financial crisis in 2008. The wealthy and privileged seem to have gone from strength to strength. But ordinary people, working and middle class families, continue to struggle.
Let me ask an open question:
Will history judge that President Obama has failed to help ordinary people, in the working and middle classes?
Thoughts?
Dr Alf's Blog 