Trip to Long Island's Gold Coast: Among the 1%, Many Variations (NY Times) The income gap: Unfair, or Are We Just Jealous? (NPR) Cost of globalization: White House Brags...
On the surface, the best news in last week's generally positive employment data was the big fall in the number of "discouraged workers"--folks who want work but have stopped looking...
The Black Friday shopper may be wealthier than we thought. A week ago, I posed the question of whether there is a class divide between those who hit the...
Bobby Bailout, Flash Cash: Meet OWS's Mysterious Finance Committee (NY Magazine) Down the sewer: Jefferson County in Biggest Municipal Bankruptcy (Bloomberg) Bragging rights: Ultra Wealthy in U.S. to Outnumber...
The "safe" side: The Truth About Crime And Sexual Assault At OWS (Business Insider) Too big for bonuses: End Bonuses for Bankers (Taleb, NY Times) $1 million medallion: Taxi...
Lending bubble: China Credit Squeeze Spurs Suicides, Violence (Bloomberg) What caused the crisis? The Big Lie goes viral (The Big Picture) Do I hear 10 years?: The Trials of...
It's looking dicey for the Congressional "super committee" that's charged with slicing $1.2 trillion from the federal budget. If it falls on its face, as many people believe, expect...
"The Wealth Debate" is a running discussion of wealth, poverty, the economy and income inequality in the U.S. and the world. It was started shortly after the Occupy Wall Street movement sparked a global protest about the fallout from the financial crisis and money in politics. You can reach the editors, Dan Beucke and Mark Gimein, by email, or follow BloombergNow on Twitter to keep up with posts.
Analyses or commentary in this blog are the views of the author and or commentators, and do not necessarily reflect the views of Bloomberg News.