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Wealth Gap

Radio Rookies

Nine People, One Bedroom: A Teen's Take on Life In Poverty

Monday, September 22, 2014

WNYC
Jairo Gomez's nine-person family lives in a one-bedroom apartment. He knows education is the way out of poverty, but sometimes being poor makes it difficult to make good choices.

Comments [23]

The Brian Lehrer Show

The Wealth Gap in College Sports Just Got Even Bigger

Friday, August 08, 2014

The National Collegiate Athletic Association (NCAA) has just voted to approve new guidelines that will allow schools in the top five athletic conferences to spend even more money on sports. Steve Eder, Investigative Sports Reporter at The New York Times, breaks down how this might create what some are calling a two-tiered league with a now even bigger gap between the schools at the top and all the rest, and how all of this will end up affecting college athletes.

Comments [11]

The Takeaway

Pope Francis Criticizes "Tyranny" of Unchecked Capitalism

Wednesday, November 27, 2013

On Tuesday, Pope Francis released an 84-page theological manifesto railing against what he called the “tyranny” of unfettered capitalism. The memo also calls for global leaders to fight poverty.  It’s not often that the leader of a powerful institution stands before those he represents and declares a complete change of focus. Reverend James Bretzke, Professor of Moral Theology at Boston College School of Theology and Ministry puts Pope Francis's remarks into historical context.  

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The Takeaway

How to Fight the Wealth Gap

Tuesday, April 30, 2013

Anne Price, Program Director for Closing the Racial Wealth Gap Initiative evaluates a proposal made yesterday on our program by Darrick Hamilton for baby bonds as a policy intervention to help alleviate growing income inequality in the US.

Comments [1]

The Takeaway

A Growing Wealth Gap

Monday, April 29, 2013

A new study from the Urban Institute offers strong evidence that the recession has exposed the United States as an economy without equality of opportunity.  The study shows a growing disparity in wealth between non-Hispanic white Americans and most minority groups-- and argues that major policy reforms are necessary to level the playing field for all Americans.

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WNYC News

Map | The Region’s Pockets of Wealth and Poverty

Thursday, December 06, 2012

New numbers from the federal government show how incomes vary across New York and New Jersey.

Comments [1]

The Leonard Lopate Show

Chrystia Freeland on Plutocrats

Monday, November 05, 2012

Chrystia Freeland, business journalist who has spent almost 20 year reporting on the new elite, examines wealth disparity and income inequality. Her book Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else dissects the lives of the world’s wealthiest individuals.

Comments [29]

The Takeaway

The New Trickle-Down Economics?

Thursday, May 03, 2012

Income inequality is growing and many cite it as a fundamental problem with our economy. But not Edward Conard, the former managing director of Bain Capital. Conard believes those who occupy the wealthiest percentile in this country are also contributing the most to the economy. Pippa Malmgren, president and founder of Principalis Asset Management, argues Conrad's case.

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The Takeaway

New CBO Report: The Rich Get Richer

Thursday, October 27, 2011

A new report from the Congressional Budget Office says that the country's wealth gap continues to grow, with the richest 1 percent's income larger than ever. The richest of the rich have seen their income nearly triple since 1980. But Americans appear to be getting fed up. After growing up in a society that took steady but stable income growth as a given, a New York Times/CBS News poll shows that two-thirds of Americans feel wealth should be more evenly distributed and that millionaires should be taxed more. 

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The Takeaway

Cornel West and Tavis Smiley on 'The Poverty Tour'

Monday, October 10, 2011

One in six Americans are poor, which means 50 million people are living in poverty in the United States. Dr. Cornel West and Tavis Smiley, hosts of PRI's "Smiley and West," went on "The Poverty Tour: A Call to Conscience," an 18-city tour of the United States in August, to speak with Americans living in poverty and get a sense of what it's like to be poor in America today. This week, PBS will air the first of five episodes of "The Poverty Tour."

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The Takeaway

What Will the Wealth Divide Mean for Hispanic and African-American Voters?

Wednesday, July 27, 2011

The Pew Foundation released a report this week looking at the how the recession has affected the wealth gap between different ethnic groups. The results, based on the 2009 U.S. Census, showed the gap is the largest its been in 25 years. Hispanics were the group hit hardest, with a 66 percent drop in personal wealth, and African-Americans saw a 53 percent decline since 2005. This means financial gains in these groups have been set back decades. What will these findings mean for minority voters in 2012?

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The Takeaway

Wealth Gap Between Whites and Minorities Increases

Tuesday, July 26, 2011

The wealth gap between whites and minorities in the United States has ballooned to its largest ratios in decades, according to a new study by the Pew Research Center. Hispanics were the hardest hit in the recession, seeing their median wealth shrink 66 percent between 2005 and 2009, while white Americans only saw a dip of 16 percent.

Comments [2]