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This CEO raised all his employees’ salaries to at least $70,000 by cutting his own
The Washington Post: Dan Price, like a growing number of CEOs in recent months, is raising the minimum wage for his employees. But while the chief executives of companies ranging from Aetna to Gap, Inc. to Wal-Mart are upping their
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Why income inequality is so much worse than we realize
Scientific American: In a candid conversation with Frank Rich last fall, Chris Rock said, “Oh, people don’t even know. If poor people knew how rich rich people are, there would be riots in the streets.” The findings
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Growing Up on Easy Street Has Its Own Dangers
The New York Times: When Thomas Gilbert Jr. was arrested on Monday and charged with killing his wealthy father with a gunshot to the head, the rubbernecking and tut-tutting began almost immediately. The pair had argued
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Extreme Wealth Is Bad for Everyone—Especially the Wealthy
New Republic: When I was fourteen I met a man with a talent for restoring a sense of fairness to a society with vast and growing inequalities in wealth. His name was Jack Kenney and
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You're Growing Older … Is Your Life Getting Better Or Worse?
NPR: Robert F. Kennedy once said that GDP, or gross domestic product, “measures everything … except that which makes life worthwhile.” GDP, in case you weren’t paying attention in Econ 101, looks at economic activity as a
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Everyone Agrees: CEOs Should Be Paid Less
Pacific Standard: The longest lasting impact of the Occupy movement might just be the conflict between the “99 Percent” and the “One Percent”—the term that has come to symbolize the vast wealth inequality that exists
