Poverty and Prosperity

//Poverty and Prosperity

Dads often earn more, even if they’re not harder workers

When it comes to earning potential, it pays to be a dad, new UBC research suggests. The study, published in the journal Work, Employment and Society, found that men often receive a wage boost when they become fathers -- even if they're not necessarily working harder. In fact, when their work is scrutinized more closely

2018-06-16T13:27:12+00:00 Tags: |

Education inequity is holding back American potential

Every day, teachers perform the heroic work of educating children. In the process, they make dozens of quick judgments about their students. Of course, teachers are no different from the rest of us — we all do this. Unfortunately, research shows these snap judgments are often influenced by stereotypes and unconscious biases, which can have a lasting

OFID vows to help end energy poverty

The Director General of the OPEC Fund for International Development (OFID), Mr Suleiman Al-Herbish, has reaffirmed the organisation’s commitment to helping in the eradication of energy poverty across the globe. Around one in seven people or 1.1 billion people don’t have access to electricity and almost three billion people still cook with polluting fuels such

2018-06-09T08:36:48+00:00 Tags: |

Living in better neighborhood may protect health of kids in poverty

While poverty has long been linked with poor health, a study from UC San Francisco has found that simply living in a more desirable neighborhood may act as a health booster for low-income children. UCSF researchers compared levels of the stress hormone cortisol in 338 kindergartners whose families’ annual incomes ranged from less than $10,000

2018-06-07T07:55:09+00:00 Tags: |

UN expert calls US income inequality ‘a political choice’

A U.N.-supported human rights expert has blasted the yawning gap between rich and poor in the United States, insisting in a new report that the world's richest country "is now moving full steam ahead to make itself even more unequal." The United Nations' human rights office said Monday that Philip Alston, an independent expert commissioned

Video: More than half of all children worldwide affected by conflict, poverty and discrimination

More than half of the world’s children are being robbed of their childhoods as a result of conflict, poverty and gender based violence, a new report from charity Save the Children has found. Around 1.2 billion children live under the bread line and almost 153 million children live in areas affected by what researchers identified as the

What’s the State of Global Inequality?

The first ever World Inequality Report was published recently by the leading economists who created the World Wealth and Income Database. The report serves as the most authoritative and up-to-date account of the state of global inequality in 2017 and will be vital to policymakers and scholars everywhere. Income inequality has increased across all world regions in recent decades, but

2018-05-23T04:44:42+00:00 Tags: , |

Income inequality is going to hit tomorrow’s retirees hard

One of the mysteries of personal finance has been the disconnect between the income inequality afflicting the working public and the claims by fiscal conservatives that most people's retirement lifestyles will be perfectly comfortable. A recent post on the Squared Away blog of Boston College's authoritative Center for Retirement Research solves the mystery. There is no

Why the Wealth Gap Hits Families the Hardest

What does economic inequality really look like? Income alone doesn’t give a complete picture. Income inequality describes the gap between a six-figure salary and minimum wage. But the more alarming gap occurs in wealth — a household’s total assets minus debts. To understand how inequality is playing out in the United States, we need to

Not quite a ‘double bind’ for minority women in science

Many studies have shown that both minority and women scientists face disadvantages in reaching the highest levels of their careers. So it would make sense that minority women would face a “double bind” that would particularly disadvantage them. But a new study using a massive database of scientific articles suggests that minority women actually face

Here Are Some Predictions for Automation and Income Inequality

The effect that technological change will have on income inequality globally can be better understood and predicted by using economic complexity. Inequality Inequality is present in today’s development discussions for two reasons. First, it has been argued that inequality has both increased and decreased since the Industrial Revolution, with conflicting datasets and term definitions. Using

How technology is improving financial inclusion

One-fifth of the world’s population are unbanked. Historically, it hasn’t been economically viable to provide financial services for these individuals, as they didn’t meet the minimum profitable threshold for most financial institutions. A number of reasons have combined to produce this situation, not just in developing economies but also in developed ones such as the

Poorest Town in Every State

For every state except Alaska and Hawaii, the Department of Health and Human Services sets the official poverty income at $25,100 a year or less for a family of four. Currently, close to 50 million Americans live below that threshold. Poverty is the most extreme example of financial hardship, and as such, the official poverty

2018-05-02T17:15:14+00:00 Tags: |

Financial Condition and Health Care Burdens of People in Deep Poverty

Americans living at the bottom of the income distribution often struggle to meet their basic needs on very limited incomes, even with the added assistance of government programs. The following analyses describe the characteristics of the poor population; available income for those at the deepest levels of poverty; and average medical care needs among those

2018-04-30T07:48:03+00:00 Tags: |

How fighting inequality can help cities grow their economies

For years, Americans have been told we’re in the middle of a recovery, that economic growth and jobs are on their way back. But by many measures, the recovery has been uneven, varying between industries, cities, and neighborhoods. In nearly four of five urban areas in the U.S., household income was at least 5 percent

2018-04-25T15:59:47+00:00 Tags: |

Earth Day: it is about equity as well as the environment

Growing gaps in family structure, educational investments, school readiness, test scores, and college entry and completion all make upward economic mobility a more difficult prospect for children born to poor families. Poor children in poor neighborhoods are at an even greater disadvantage. Growing up in an impoverished community doesn’t only affect your lifetime earnings –

2018-04-25T15:53:38+00:00 Tags: |

America once fought a war against poverty – now it wages a war on the poor

In 2013, Callie Greer’s daughter Venus died in her arms after a battle with breast cancer. If caught early, the five-year survival rate for women diagnosed with breast cancer is close to 100%. But Venus’s cancer went undiagnosed for months because she couldn’t afford health insurance. She lived in Alabama, a state that refused to

The ethics of reducing inequality

Around the world, the effects of alarmingly high economic inequality are spilling over into politics and society. Economic insecurity is a driving force behind violent conflicts in the Middle East and the rise of fascist elements in some European countries, not least Hungary and Poland. Even in older democracies such as the United States, economic