Leading economic think-tank the institute of Fiscal Studies has warned that “middle-income families are the new poor” – a damning indictment of the way poverty in Britain has spread far beyond groups that are traditionally considered poor.
For years, Canada has been headed towards mediocrity at best and irrelevance at worst. Its GDP now ranks 10th in the world, having recently been overtaken by India and Brazil.
Inequities in wealth and income are one of the biggest social, economic and political challenges of our time. It’s important to address these inequities for three key reasons.
Despite the United Nations Millennium Development Goal of a 75 percent reduction in maternal deaths by 2015, the estimated maternal mortality rate for 48 US states and the District of Columbia actually increased by 26.6 percent from 2000 to 2014.
Earlier this year, I wrote about a cache of bitter writings by Woody Guthrie that I had discovered while conducting research for a book on the balladeer.
Here are some conclusions from a recent economics research paper. Do you think the authors are from some left-leaning think tank full of malcontents?
In business the concept of happiness is likely to make some groan, roll their eyes or be dismissive. But increasingly we can’t ignore the evidence that it helps business.
Your typical wage is below what it was in the late 1970s, in terms of what it can buy. Two-thirds of you are living paycheck to paycheck. Almost 30 percent of you don’t have steady employment:
As the leaders of the world’s 19 biggest economies and the European Union meet in the beautiful southern Chinese city of Hangzhou for the culmination of China’s year at the helm of the G20, it pays to ask exactly what they’re doing – and why it matters.
When it comes to their wages, McDonald’s workers around the world are not “Loving It” – and they haven’t been shy about expressing their discontent over the past four years.
- By Robert Reich
Free trade is figuring prominently in the upcoming presidential election. Donald Trump is against it. Hillary Clinton has expressed qualms.
Labor Day is a U.S. national holiday held the first Monday every September. Unlike most U.S. holidays, it is a strange celebration without rituals, except for shopping and barbecuing. For most people it simply marks the last weekend of summer and the start of the school year.
The labor question is back. After World War II, it seemed to many that widespread unionization and collective bargaining had made sure that the people who did the work in this country were getting a fair share
While commanding four vessels sailing between England and India in 1601, Captain James Lancaster performed one of the great experiments in medical history.
On Labor Day, politicians have traditionally paid lip service to the plight of the worker, whom the national holiday is meant to honor. With working-class struggles taking center stage in this year’s election
For years, Washington lawmakers on both sides of the aisle have attacked big corporations for avoiding taxes by parking their profits overseas. Last week the European Union did something about it.
The European Commission is putting multinationals on notice with its order to tech giant Apple to pay €13 billion in tax to Ireland. It’s signalling that it won’t bow to pressure from the US. Now other countries may follow with similar action.
In what might be the most contentious election campaign season yet, the main presidential candidates seem to agree on at least one issue – that the policy around child care for American families needs improvement.
Automation has disrupted work for centuries. Two hundred years ago in Britain, the Luddites rose in rebellion, smashing the machines that made their weaving skills obsolete.
For years, economists and psychologists have argued about whether the standard model that economists use to explain how people make decisions is correct.
Every presidential election cycle, journalists descend on the ever-reliable swing state of Ohio in an attempt to play prophet.
In the aftermath of the global financial crisis, America’s Obama administration faced a dilemma. The public wanted banking reform. But administration pragmatists like US Treasury Secretary Timothy Geithner feared that yielding to populist voices might threaten recovery.
Back in 1992, Democratic strategist James Carville uttered his famous recommendation to Bill Clinton ahead of the 1992 election: “It’s the economy, stupid!”