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Economic inequality

Debate over Fed's role in shaping unequal economy expected at Jackson Hole

by Sabri Ben-Achour
Aug 24, 2021
Wrapped up in this year's theme — "Macroeconomic Policy in an Uneven Economy" — is years of debate and controversy over who the economy serves.
People walk outside of the New York Stock Exchange in August 2016. At the Fed's Jackson Hole summit, economists expect discussions about the Fed's role in minimizing inequality.
Spencer Platt via Getty Images
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Shelf Life

Why public health and the economy are inextricably linked

by Leana Wen
Aug 12, 2021
Read an excerpt from a new book by emergency room physician and former Baltimore Health commissioner Dr. Leana Wen.
“Public health is housing. It’s food. It’s clean air. It’s education,” writes former Baltimore Health Commissioner Dr. Leana Wen in her new book. “It’s the social supports that give everyone their best chance to survive.”
Olivier Douliery/AFP via Getty Images
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COVID-19

Pandemic exacerbated inequality worldwide, Amnesty International says

by Samantha Fields
Apr 7, 2021
In many countries, those working in low-wage jobs or in the gig economy were left out of government relief packages.
It’s the same story in much of the world: The people who make the least have been hit the hardest by the pandemic.
Brad Barket/Getty Images for Action/2015
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Race and Economy

Biden orders push agencies to reckon with their roles in systemic racism

by Kimberly Adams
Jan 27, 2021
Economic policies have long excluded entire communities. The Biden administration is putting special emphasis on reviewing housing policy.
Vice President Kamala Harris looks on as President Joe Biden signs executive orders related to his racial equity agenda.
Doug Mills-Pool/Getty Images
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COVID-19

COVID economy fallout keeps hitting already impoverished neighborhoods hardest

by Jasmine Garsd
Oct 1, 2020
People are struggling as winter approaches, and local businesses are only sort of open.
People line up for food donations in May in the Bronx neighborhood of New York, where locals say the lines outside food pantries are like nothing they’ve ever witnessed before.
Johannes Eisele/AFP via Getty Images
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Race and Economy

Atlanta Fed President Bostic on our "less-than economy"

by Kai Ryssdal and Bennett Purser
Sep 28, 2020
While Amazon and Home Depot are doing well, small businesses are not. "There really is a split going on, and disparities are getting wider," he says.
"We're going to let evidence show that inflation is starting to get out of control" instead of trying to preempt it, says Raphael Bostic, president of the Federal Bank of Atlanta.
Courtesy of the Federal Reserve Bank of Atlanta
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Race and Economy

Why centering Black women in the economy could benefit everyone

by Maria Hollenhorst and Kai Ryssdal
Sep 1, 2020
Economist Janelle Jones has three words that sum up her idea for building an economy that works for everyone: Black Women Best.
Black women are typically one of the hardest hit groups in recessions and the last to benefit in recoveries. What would happen if economic policy was centered around helping them succeed?
FG Trade/Getty Images
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The Economy Reimagined, Part 3: Climate and Technology

by David Brancaccio and Kimberly Adams
Aug 7, 2020
Making the technological revolution more accessible, building a sustainable future and creating more jobs and a healthier populace while doing it.
A maintenance boat works next to the turbines of an offshore wind farm.
Christopher Furlong/Getty Images
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"Moving Forward," an unexpected journey in U.S. politics

by Erika Soderstrom
Dec 6, 2019
Karine Jean-Pierre's new memoir explores today's politics and asks what it can do about income equality.
The American flag flies over the U.S. Capitol.
Mark Wilson/Getty Images
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economic inequality

How the U.S. tax code makes inequality worse

by Kimberly Adams
Nov 13, 2019
New research reveals new insight into the ways in which race or gender can affect a tax bill.
House Ways and Means Committee member Rep. Tom Reed (R-NY) keeps a stack of books that document the current federal tax code and related regulations on his desk during the first markup of the proposed GOP tax reform legislation.
Chip Somodevilla/Getty Images
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