I know it’s a lot to ask for 24 minutes of your time, but this one is very much worth it. Paul Krugman and Bill Moyers talk about a new book that is hot, hot, hot: “Capital in the Twenty-First Century” by economist Thomas Piketty. Read more
From the Economist: Six years after being bailed out by taxpayers and still majority =owned by the Government, Royal Bank of Scotland chalked up yet another big annual pre-tax operating loss of $8.2 billion for 2013. That will not deter it from dishing out about $1 billion in bonuses.
Paul Barber, researcher points out in this NZ Herald article that the pay gap between the high and low paid has widened significantly in NZ in the last 30 years. The low paid have barely kept pace with inflation while the wealthy have raced ahead and there are simple ways to fix this
Income Equality Aotearoa New Zealand Inc is a national volunteer organisation trying to tackle the wealth inequality and the social problems that it causes. We want a fairer and more equal New Zealand, for all.