Economist Attacks Us 'inequality'

The richest 1% of Americans now hold 25% of the country's wealth and more needs to be done to boost equality, says Nobel Prize winning economist Joseph Stiglitz in Davos.

Sections:  news   business   
RELATED ARTICLES
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
BING NEWS:
  • An Economist And Medical Ethicist Consider Your Coronavirus Questions
    Many of our plans are well grounded in years of thoughtful ethical work and real-world experiences, like the Sept. 11 and Boston Marathon attacks, previous flu epidemics, as well as disaster ...
    03/31/2020 - 5:07 pm | View Link
  • A record 3.3M Americans file for unemployment benefits as the coronavirus takes a big toll on the economy
    The number of Americans applying for jobless benefits for the first time surged to a record 3.3 million last week.
    03/26/2020 - 11:37 am | View Link
  • How Many Unemployed By Coronavirus In China? We May Never Know.
    It is now a given that the world is plunging into a sharp global recession. Investors are trying to find parallels with other global crises like the surprise September 11 terrorist attacks in the U.S.
    03/26/2020 - 6:00 am | View Link
  • Americans divided on Trump coronavirus response as president's approval rating climbs, polls find
    Americans are divided on President Trump's response to the coronavirus outbreak, polls have found. Approval and disapproval fell along party lines.
    03/26/2020 - 3:38 am | View Link
  • When Finance Fails: Why Economists Didn’t See a Coronavirus Collapse Coming
    One reason is that economic analysts are not immune to the broader human tendency to struggle with low-probability, high-impact risks. We typically lurch between wildly overestimating them (shark ...
    03/24/2020 - 5:06 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News