Families, Time and Well-Being

Inequality of well-being among families with children is increasing at an even faster rate than income inequality, according to a new study by Peter Burton and Shelley Phipps, “Families, Time, and Well-Being in Canada”. They find that total family working hours have increased over the past decade, but not for…
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Austerity Kills: Conservative cure worst thing for what ails economy says Stiglitz

Governments around the world are heading down a path to economic suicide. So said Nobel Prize-winning former chief economist of the World Bank, Joseph Stiglitz, to hundreds of well-heeled financiers and decision-makers who paid a bundle to hear him in Toronto. With a voice as gruff as gravel, and an…
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The Financial Wealth of Canada’s Top 1%

Following up on my?post?on wealth and income of the top 1%, Eric Pineault wrote to add some data on financial wealth distribution for Canada. He?had a research assistant comb through microdata from Statcan’s Survey of Financial Security from 2005, and notes: “the 1% richest (all households are classed according to…
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Are the Top 1% Just Lucky?

I expect some folks who oppose the Occupy movement will weigh in on merit – that the top 1% are deserving of their riches because they include people who pay a lot of wages and salaries for ordinary folk. That is, the story of hard-working, risk-taking entrepreneurs who should not…
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Wealth and income in the top 1%

One thing I really like about the Occupy movement is that it reclaiming mental space. I’m thinking of the overt focus on the riches gained by the top 1%, and of naming and shaming capitalism. Two are one and the same, of course. It is in the top 1% that…
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