“We have grown literally afraid to be poor. We despise anyone who elects to be poor in order to simplify and save his inner life. If he does not join the general scramble and pant with the moneymaking street, we deem him spiritless and lacking in ambition. We have lost the power even of imagining what the ancient idealization of […]
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The richest counties got richer and the poorer got poorer in the last decade, according to census reports. The poorest county turns out to be in the heart of Appalachia — Owsley County, Ky. Owsley had the lowest median household income outside of Puerto Rico, according to census results. In Owsley, the median household income is $19,351. Over 41 […]
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More than 850 million people around the world—one in nearly seven—don’t have enough to eat. Although current global food production is sufficient to feed everyone, the number eating less than the minimum the human body needs—an average 2,100 calories a day for adults—now grows by more than ten million a year, mostly in the poorest nations. Countries with unstable food […]
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Many experts consider the wealth gap to be more pernicious than the income gap, as it perpetuates from generation to generation and has a powerful effect on economic security and mobility. Young black people are much less likely than young white people to receive a large sum from their parents or other relatives to pay for college, start a business […]
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The strain of worrying constantly about making ends meet depletes poor people’s brainpower, making them more likely to make bad decisions that can perpetuate the cycle of poverty. In fact, Princeton University researchers conclude in a new study, just feeling poor can quickly knock 13 points off a person’s IQ.To determine how financial worries affect thinking, the researchers posed various […]
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SINCE 2006 THE INCOME GAP BETWEEN RICH AND POOR HAS GROWN \H THE 15 LARGEST U.S. CITIES
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Recent polls show that the public has fallen into a mood of pessimism and fatalism. While Washington is halted in a gridlock creating a worrisome “leadership crisis”, many Americans fear that the country is unraveling. Little do they realize, The Greatest Era In Human History is upon us. This era has brought us incredible progress, with the nation’s cities at […]
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BEIJING – The greatest risk China faces in its historic modernization is the massive imbalance between urban and rural areas, according to the country’s top agriculture official. “The most important and difficult task is to resolve issues concerning agriculture, countryside and farmers … to realize the agricultural modernization and the urbanization of most farmers,” said Minister of Agriculture Han Changfu […]
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Russian teens are killing themselves en masse, and the authorities “seem oblivious,” said Alexander Tretyakov. The country has long had one of the world’s highest teen suicide rates, and in the past decade it’s gotten worse. Thousands of teens have joined “suicide forums” on Vkontakte, the Russian equivalent of Facebook. There they share stories of abuse and desperation and trade […]
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