BY MARTIN KICH In a recent Curbed newsletter, I came across an item titled “Three Gilded Age Berkshire Retreats for Sale Right Now.” The author of the article, Robert Khederian, notes that as a summer destination for the very affluent of the “Gilded Age,” the Berkshires never quite had the cache of Newport, Rhode Island,…
BY BRIAN C. MITCHELL There is plenty of data suggesting that education, particularly a college or university degree, leads to higher incomes. Less is known about the impact of higher education — and specific schools — on socioeconomic mobility, that is, moving from one “rung” of the income ladder to another. A new study by…
Writing for the Washington Post’s Wonkbook blog, Jim Tankersley reports some good news for the American middle class, but it is wrapped inside some continuing bad news about growing income inequality: “The vast majority of American workers are finally seeing their incomes rise from the depths of the Great Recession, a new analysis from…
What follows is the transcript of a speech given by Senator Bernie Sanders on the economic and political implications of widening wealth inequality and the “Citizens United” decision of the U.S. Supreme Court. The speech was given in late March 2014 on the floor of the U.S. Senate. _________________________ Thank you very much. As the…