A new Oxfam Report has a number of startling claims about wealth inequality around the world – the world’s eight richest people control the same wealth as the poorest half of the globe’s population
The health of rural America is failing, and a repeal of the Affordable Care Act (ACA) without adequate replacement could prove disastrous.
Fear of and misunderstanding about free trade and globalisation brought us a turbulent 2016.
After President-elect Donald Trump tapped Betsy DeVos to become the head of the United States Department of Education, her name has spurred a great deal of conversation within the K-12 education community.
There’s a joke among insurers that there are two things that health insurance companies hate to do – take risks and pay claims. But, of course, these are the essence of their business!
New York Governor Andrew M. Cuomo recently pledged to make undergraduate education at the the City University of New York (CUNY) and the State University of New York (SUNY) system free for families making less than US$120,000 annually.
The first freight train from China to the UK has started its 12,000 mile journey from the industrial city of Yiwu in the east of China to London. Part of China’s “One Belt, One Road” project to link east and west, it is all geared toward strengthening its global influence.
My outlook for 2017 and beyond is that the U.S. economy will likely see another recession.
One of the greatest political challenges in the 21st century is coming up with a welfare system which is both effective and fair.
With almost half the world’s population now online, attempts to spread the internet continue unabated.
The racial health gap in the United States is well-documented. The gap starts with the infant mortality rate (11.1 blacks vs. 5.1 whites per 1,000) and extends to almost any health domain.
It’s difficult not to position the 60s in stark contrast to our modern age: it was a time of great upheaval, yes, but also a time of great optimism in which countless social freedoms were fought for and won.
Is water a basic human right or something with an inherent economic value? The answer to this question has led to decades of conflict in Chile.
Ever since 1944, Gross Domestic Product (GDP) has been a primary measure of economic growth.
'Our job is to encourage every person in this country to get all of the education they can, not to punish them for getting that education,' Sanders says in New York
After four years without an independent grocery store, the residents of Iola, Kansas, found a way to bring one back.
Imagine you received a Facebook message from a friend, for example, with news that your favorite football team is moving to another state.
In rolling back decades of social and environmental progress, will Trump also expose the Great Growth Con? The con promises that economic growth—measured by gross domestic product—will benefit everyone, rich and poor alike.
Since the late 1970s it has largely been the consensus that “big government” is detrimental to growth.
An idea gaining traction in various part of the world is that everyone in society should receive an amount of money from the state to cover their basic cost of living. People would no longer be stigmatised on benefits, argue supporters.
Employer associations are predicting a raise in the federal minimum wage will cause employers to lay off workers.
President-elect Donald Trump has repeatedly vowed to “repeal and replace Obamacare.” A logical question is: With what?
The increasing cost of higher education and the resultant impact on student debt has received wide attention. Providing free tuition and reducing student debt were among the key proposals of the presidential nominees.
The first 1000 days of life – the period from conception to the age of two – are pivotal for any human being’s development.
Young people entering the workforce today are far less likely to earn more than their parents when compared to children born two generations earlier, new research shows.
China’s debt is beyond worrying. It’s credit-to-GDP gap, a measure employed by the Bank of International Settlements (BIS) as a way to gauge debt levels, stands at 30%.
Since social scientists and economists began measuring poverty, its definition has never strayed far from a discussion of income.
In mid-November, while Americans were preoccupied with election returns, China sent some of its clearest signals yet that it will continue to pursue an international leadership role on issues including climate.
When federal crop insurance rules stymied Gail Fuller’s attempts to innovate, he knew something had to change.
What President-elect Donald Trump and the Republican sweep of government will mean for K-12 education priorities over the next four years is not entirely clear yet.
President-elect Donald Trump has a “vision” for an “America first energy plan”. This includes developing new oil fields in the US, creating “at least half a million new jobs” in energy, and promoting natural gas over coal in order to tackle emissions.
Mass deportations of up to three million undocumented immigrants are expected to begin in January, when President-elect Donald Trump takes the oath of office and begins to turn his campaign promises into government policy.
A cancer diagnosis can be a serious financial hardship for many elderly and disabled patients on Medicare, with annual out-of-pocket costs ranging from $2,116 to $8,115, on top of what they pay for health insurance, a new survey shows.
Is it okay to talk to your young children? To read them stories at bedtime, discuss the flowers by the bus stop, be attentive as they describe their day? Let’s try another tack.
President-elect Donald Trump is right: The Trans-Pacific Partnership (TPP) is a damaging deal and deserves to be killed off. But he tells a half truth about why the trade accord among a dozen Pacific Rim nations is a bad deal.
The Arctic is experiencing an extraordinary heatwave – it’s 20C warmer than usual at this time of year (just imagine London or New York having T-shirt weather in winter).
Globalization is under attack. The electoral victory of Donald Trump, the Brexit vote and the rise of an aggressive nationalism in mainland Europe and around the world are all part of a backlash to globalization.
At the Olympics in Rio this summer, Chinese companies supplied the mascot dolls, much of the sports equipment, the security surveillance system and the uniforms for the volunteers, technical personnel and even the torch-bearers.
The recent U.S. election exposed two major intersecting fault lines in America that, if left unchecked, could soon produce an era of social and economic upheaval unlike any in our history.
I’ve written before on how the decline of organized labor beginning in the late 1970s gave birth to the backlash that fueled Donald Trump’s election.
Pundits have been discussing the merits (or not) of Fidel Castro’s legacy as his body lies in state.
New research links income inequality with greater civic engagement among young people—particularly among young people of color and those of lower socioeconomic status.
Mexican migration to the U.S. is in decline. The Pew Hispanic Research Center has found that since 2009, more than one million native-born Mexicans living in the U.S. returned to Mexico.
Late on November 25 2016, it was announced that one of the last remaining iconic political figures of the 20th century, Fidel Castro Ruz, had died.
Teachers communicate with parents based on their racial and immigrant backgrounds—not just their child’s academic performance—research finds.
A common argument for the decline in employment in recent years is that more workers are dropping out of the labor force to live off public benefits, particularly Social Security Disability Insurance (SSDI).
Repealing Obamacare was central to both Donald Trump’s, and the Republican party’s, policy platforms. The President-elect has since softened his stance and there are several Republican proposals to replace Obamacare with a more viable alternative.
Dear Bob, It’s been 35 years since your death, yet no other singer or songwriter has articulated both the condition of the marginalized and the humanistic potentials of psychic decolonisation more than you.
The focus of my research as a political philosopher is on matters of economic justice. I ask questions such as: Are markets consistent with justice? Is freedom enhanced through economic exchange? If so, why, and if not, why not?
Candidate Trump repeatedly called for repealing and replacing the Affordable Care Act during the campaign, but it is unclear what President Trump will actually do about the ACA.
Donald Trump may have won the American presidency by promoting himself as the candidate for the common people to overthrow the Washington establishment, but this recent populist surge is certainly not the country’s first.
US President-elect Donald Trump has proposed deporting millions of undocumented immigrants, which proved appealing to large blocs of US voters in key states. Many voters appear to believe that deportingc would boost job opportunities and wages for US workers.
A stream of commentary has set out to explain the electoral success of Donald Trump as a reaction to globalisation and neoliberalism. It points to a thread of populist anti-capitalism running from the President-elect to Bernie Sanders.
Trump's transition site says administration will 'modernize Medicare'—code for Ryan-style death by privatization
Donald Trump was an outsider who boldly stormed the citadel of Washington DC and won. He has promised real change, but his infrastructure plan appears to be just more of the same – privatizing public assets and delivering unearned profits to investors at the expense of the people.
Donald Trump’s rise to the presidency was followed with amazement and apprehension across East Asia. China in particular was on tenterhooks – and now it needs to figure out what to do.
Donald Trump stunned the polls and the pundits to win the 2016 U.S. presidential election. So what will his victory mean for the economy, businesses and financial markets? We asked four economic writers to weigh in.
Children who do not learn to read in the first few years of schooling are typically destined to a school career of educational failure, because reading underpins almost all subsequent learning.
Today the sun is shining during my commute home from work. But this weekend, public service announcements will remind us to “fall back,” ending daylight saving time (DST) by setting our clocks an hour earlier on Sunday, Nov. 6. On Nov. 7, many of us will commute home in the dark.
Most of us use products made in China every day and are aware of its growing economic power as a factory to the world. But China intends to become a developed nation by mid-century and integral to this ambition is its intense focus on innovation.
Amidst the partisan rancor and the unusual tilt toward questions on civility during the second and third presidential debates, Hillary Clinton and Donald Trump drew the attention of health experts when they articulated their path forward for health policy in America.
The two-headed beast that had blighted the economy throughout the 1970s and 1980s – inflation combined with unemployment – had been tamed, and the business cycle seemed to be a thing of the past.
If corporate money controls our politics, as Bernie Sanders and others have claimed, then how did the Republican Party, the reputed party of business, manage to nominate a candidate whom almost no one in Big Business supports?
In all parts of the United States, the number of neighborhoods that are home to a mix of black, white, Asian, and Hispanic residents is growing.
If there’s one thing that nearly all economists agree on, it’s that getting rid of trade restrictions is generally good for a country’s economy.
Clinical trials have been the gold standard of scientific testing ever since the Scottish naval surgeon Dr James Lind conducted the first while trying to conquer scurvy in 1747.
Job growth is a prime topic in the U.S. presidential race, but Donald Trump and Hillary Clinton have very different takes on the role clean energy could play in creating employment.
The two largest soda makers in the US use their sponsorships of health organizations to bolster their image, which helps them lobby against public health bills, a new study suggests.
In a recent issue of The Economist, President Barack Obama set out four major economic issues that his successor must tackle
Tobacco companies want to sell you cigarettes – today, tomorrow and for the foreseeable future. Whether you’re at the tobacco counter or out with friends, glitzy cigarette packaging is a really important part of their sales pitch.
New research finds racial disparities in emergency treatment for certain types of pain, specifically backaches and stomachaches.
The Nobel Memorial Prize in Economic Science has just been awarded to Oliver Hart and Bengt Holmström for building the foundations of contract theory.
Sophisticated eye-tracking technology shows that preschool teachers “show a tendency to more closely observe black students, and especially boys, when challenging behaviors are expected.”
Most of us know the difference a good teacher makes in the life of a child. Many global institutions working to improve access to education, such as the United Nations, the Organization for Economic Cooperation and Development and Education International agree that “teacher quality” is the critical element in whether or not an educational system succeeds.
New research may explain why American children resist their parents’ instructions to share.
Gender bias can influence how supervisors view a manager’s long-term potential, a new study shows.
Even the Bank of England’s chief economist, Andy Haldane, admits to “not being able to make the remotest sense of pensions”. So what chance has everybody else? Many people find pensions and saving for retirement confusing and worrying.
It’s that time of year again. Insurance companies that participate in the Affordable Care Act’s state health exchanges are signaling that prices will risedramatically this fall.
Over the course of four years, at least 5,000 Wells Fargo employees opened more than a million fake bank and credit card accounts on behalf of unwitting customers.
Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies, using the blockchain technology developed for Bitcoin.
Despite six years of “recovery” from the Great Recession, America’s middle class still struggles financially amid sluggish economic growth and middling job creation.
Imagine a little gadget called an i-Everything. You can’t get it yet, but if technology keeps moving as fast as it is now, the i-Everything will be with us before you know it.
Tania Morales de la Cruz, a professor of education at Cuba’s University of Matanzas, recently visited South Africa for the first time.
Donald Trump claims he should be president in part because he has succeeded at creating jobs and businesses.
It is a truism that aging of populations will result in large and potentially unmanageable increases in the number of older adults with dementia.
Police killings of African-Americans on social media have become the visual hallmark of our time. This decade will be recalled through blurry cellphone and dash-cam videos of shootings. But how will it be remembered?
Last week, Congress engaged in a bipartisan barrage of CEO bashing.
Economists used data from almost 50 million Uber sessions to figure out just how much customers are benefiting from the ride-sharing service.
America has always had an underground sex trade, and for decades most pimps followed the same general script: they’d recruit sex workers on the street, in bars and in strip clubs.
Scorpion met Frog on a river bank and asked him for a ride to the other side. “How do I know you won’t sting me?” asked Frog. “Because,” replied Scorpion, “if I do, I will drown.” Satisfied, Frog set out across the water with Scorpion on his back. Halfway across, Scorpion stung Frog. “Why did you do that?” gasped Frog as he started to sink. “Now we’ll both die.” “I can’t help it,” replied Scorpion. “It’s my nature.”
Donald Trump poses as a working-class populist, but about his new economic plan would be a gusher for the wealthy. And almost nothing will trickle down to anyone else.
This week on the presidential campaign trail, Donald Trump took a big step out of traditional Republican territory to propose a federal solution to the high cost of child care. His plan suggests utilizing the tax code to give a break to working parents with young kids.
The proposed trade deal known as the Trans-Pacific Partnership – TPP for short – is drawing fire from both the right and the left as a middle-class jobs killer. Meanwhile, President Barack Obama continues to defend it as a boon for American businesses and consumers, as well as the larger economy.
In health there are well-established protocols that govern the introduction of any new drug or treatment. Of major consideration is the notion of doing no harm.
Environmental regulations don’t alway have a negative effect on profits. A new study finds that the US Clean Water Act, when implemented in the right balance, can improve firms’ profitability.
Banks may still be evading increased regulation by shifting activities to shadow banking. This system is well established as part of the financial sector, but it provides products that separate an investor from an investment, making it more difficult to evaluate risk and value.
Uber’s announcement that it will introduce driverless cars in Pittsburgh, US, throws into question the fate of not just the “sharing economy”, which Uber helped to make mainstream, but the future of employment in a wider sense too.
Fifty years ago this month (on September 9, 1966), President Lyndon Johnson signed into law the National Traffic and Motor Vehicle Safety laws that launched a great life-saving program for the American People.
In 1939, when John Steinbeck imagined Highway 66 as “the road of flight,” he evoked the crushing realities of Depression-era migrants who’d been pushed off their land by failing crops, relentless dust and heartless banks.
Apple is only the latest big global American corporation to use foreign tax shelters to avoiding paying its fair share of U.S. taxes. It’s just another form of corporate desertion.