Posts tagged: income gap

The rhetoric of anger at the one percent can be marshalled with equal fervor by both the right and the left. Being angry at the establishment isn't the same as agreeing on how to change things.

Much of the private loan meltdown we're seeing now is the overhang of loans coming due. And by far the worst crisis is not among those who graduated with ruinous debt, but those who didn't graduate.

There's a compensation tool that accomplishes almost everything we want from incentives. It comes at the end of a year of good performance. It encourages employees to stay longer to realize its full benefit . It is the "raise."

In less than a decade, factory wages in China have probably more than tripled. To imagine the effects of that, think of how different the U.S. would be if average $15.61 ffactory wage of 10 years ago now rose to...

Prices for top wines are off 20 percent from their peak. Think that means the bubble's over? Don't count on it. Rarely is the first sharp descent the true end of a bubble.

In his new book Thinking, Fast and Slow, the Nobel-winning psychologist Daniel Kahneman, demonstrates how when people are confronted with difficult questions, they tend to get around them by answering easier ones. You can't find a better example than the...

The average New York City securities industry bonus went up eight percent last year, to $121,890. Surprised? Didn't think so. Wall Street has been climbing for 25 years. The chart here shows you why.

Two stories from Phoenix neatly sum up the mixed economy. Investors and homeowners have benefitted from low interest rates and the Fed's efforts to jump-start the housing market. Investor gains haven't been matched by middle-class income.