Economic Policy Institute

Any serious policy agenda geared towards combating inequality and raising living standards for the vast majority must look to ultra-high earners in the top 0.1 percent, who wield disproportionate economic and political power. The Economic Policy Institute and the Institute for Policy Studies held a day-long conference on Taxing the (Very) Rich with tax policy experts, activists, advocates, organizers, and …

Once every 12 minutes. 47,173 Americans killed themselves in 2017, nearly 7x greater than the number of American soldiers killed in the Afghanistan and Iraq wars between 2001 and 2018.

Suicides now claim two-and-a-half times as many lives in this country as do homicides, even though the murder rate gets so much more attention. According to a 2018 Centers for Disease Control study, between 1999 and 2016, the suicide rate increased in every state in the union except Nevada, which already had a remarkably high rate.  In 30 states, it jumped by …

Economic Justice: 10 ways that doing the right thing would save us money

NPR MarketWatch June 17, 2019 10 ways that doing the right thing would save us money By SARAH ANDERSONThe Deficit Hawks versus the Big Spenders. That’s how the media typically portrays budget battles in Washington. We seldom hear about how government action to tackle our country’s most urgent social and environmental problems can actually save money. In a new report, the Institute …

Discounted fares for lower income riders helps and is unlikely to lead to crowding in peak periods

BRIEF: MIT: Discounted fares prompt more transit use among low-income Bostonites, by Katie Pyzyk@_PyintheSky, June 17, 2019 Preliminary results of a study by Massachusetts Institute of Technology (MIT) researchers indicate low-income citizens in Boston take transit more frequently if their fare is discounted. Participants in the study who received a 50% reduced fare took about 30% more trips on Massachusetts Bay Transportation …

Nearly half of Americans can’t afford the basics of life under capitalism in the US

The folks that did the study above call this new class of people ALICE, for “asset limited, income constrained, employed.” It’s a sharp way to think about American collapse. Let me translate this term, too: the people formerly known as the American middle class. By Umair Haque, Eand.co June 18, 2019  43% of American households can’t afford a budget that includes housing, …

One in every three Americans struggle to pay their energy bills, and that burden is three-times greater on low-income households.

One in every three Americans struggle to pay their energy bills, and that burden is three-times greater on low-income households. One in three U.S. households faced challenges in paying energy bills in 2015 Nearly one-third of U.S. households (31%) reported facing a challenge in paying energy bills or sustaining adequate heating and cooling in their home in 2015. According to the …

America’s shifting political landscape and economic thinking, with growing inequality and concentration of poverty

America’s political landscape and economic thinking are shifting. The 2016 election—and the rise of powerful movements over the past decade—has shown us that Americans are calling for change. They want a diagnosis of our economy to help make sense of what’s gone wrong and to suggest ways to make things better. The challenges we face may seem disparate, but they …

The most important report on child poverty in years is finally out. The report estimates that child poverty costs us $800 billion to $1.1 trillion every year due to increased crime, worsened health, and lower earnings when poor kids become adults

The report estimates that child poverty costs us $800 billion to $1.1 trillion every year due to increased crime, worsened health, and lower earnings when poor kids become adults Congress asked top experts for a plan to cut child poverty in half. Here it is. by Dylan Matthews@dylanmattdylan@vox.com  Feb 28, 2019 California Democrats Speaker Nancy Pelosi and Rep. Barbara Lee in the Capitol’s Statuary …