Poverty & wealth articles
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Larry Fink: Migration Is Bad for Productivity and Wealth
Wall Street's most influential mega-investor says migration makes it difficult for developed countries to embrace the high-tech, productivity-boosting technologies that will raise the income of ordinary people.
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Guatemala launches initiative to reduce poverty and malnutrition
Guatemala, May 2 (Prensa Latina) The Government of Guatemalan President Bernardo Arevalo presented an intersectoral initiative called “Mano a Mano” (Hand in Hand), in conjunction with eight institutions involved in reducing poverty and malnutrition in targeted territories. The post Guatemala launches initiative to reduce poverty and malnutrition first appeared on Prensa Latina.
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The new class war: A wealth gap between millennials
The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave of class tension and resentment, according to a recent study. Even as the vast majority of millennials struggle with student debt, low-wage service-jobs, unaffordable housing and low savings, the millennial elite are surpassing […]