Posts filed under “Wages & Income”

Big Gains for the 1 Percent’s 1 Percent


Source: MoJo

 

 

Last time we looked at this subject, we noted that There’s Rich, Then There’s the 0.01%.

Since then, the disparity between rich and poor, as well as the rich and the really rich have widened further. As the chart above shows, the gap between the bottom 90% (in pink) and the top 1% (in light green) has expanded. But that differential is dwarfed by the changes between the top 0.01% – naturally shown in the dark green color of money – and everyone else.

Using data from Berkeley’s Economics professor Emmanuel Saez as well as the data that Thomas Piketty made available.

Continues here

Category: Data Analysis, Digital Media, Wages & Income

What College has the most Billionaire Alumni?

Funny, this came up at dinner just last night:


Source: Wealth-X and UBS Billionaire Census 2014

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Category: Finance, Research, Wages & Income

Billionaire Census 2014

Wealth-X And UBS Billionaire Census 2014 from Wealth-X on Vimeo.

Category: Video, Wages & Income

Risks to Family Wealth

Source: U.S. Trust

Category: Digital Media, Markets, Wages & Income, Wealth Management

California Teachers takes Harvard to School

For a long time, the fund managers at Yale’s endowment were the industry’s gold standard. Inevitably, as in so many things Ivy, this was noticed by rival Harvard. The so-called Yale Model, developed by David Swensen and his colleague Dean Takahashi, was rich with alternative investments, private equity, commodities and real estate and other items…Read More

Category: Asset Allocation, Investing, Really, really bad calls, Wages & Income

Labor Market Dynamics and Monetary Policy Chair Janet L. Yellen FRBKC Economic Symposium Jackson Hole, Wyoming August 22, 2014     In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the…Read More

Category: Employment, Federal Reserve, Think Tank, Wages & Income

The 1% May Be Richer Than You Think

Source: Bloomberg

Category: Taxes and Policy, Wages & Income

S&P: Widening Inequality Bad for GDP, Good for Boom/Bust Cycles

Standard & Poor’s: Runaway Inequality Dampens GDP Growth, Leads to Boom/Bust Cycles and Discourages Trade, Investment and Hiring Inequality Also Dampens Social Mobility, Increases Political Pressure and Produces a Less Competitive Workforce Standard & Poor’s released a report on inequality today, concluding: Higher levels of income inequality increase political pressures, discouraging trade, investment, and hiring. Keynes…Read More

Category: Taxes and Policy, Think Tank, Wages & Income

Home Builders Cant Find Workers? Try a Pay Raise!

Source: Morning Market Tidbits, BofA Merrill Lynch   Wage growth for construction workers is historically low; Let’s see if we can figure out why: First, home production has been relatively slow, which should be expected following a long period of overbuilding. That was the excuse from 2007 to 2010. Eight years after home building volume…Read More

Category: Real Estate, Wages & Income

John Oliver on the Wealth Gap

John Oliver discusses America’s growing wealth gap and why it may be a problem in the future.

Last Week Tonight with John Oliver: Wealth Gap

Category: Video, Wages & Income