Tag archives: poor

Poverty is Expensive?
By Robert Bernstein   |   August 23, 2022

A recent New York Times Opinion piece claimed that inequality is not as bad as it appears because “spending power” is a more accurate measure than income or wealth. I reached out to author Peter Coy and to Berkeley economist Alan Auerbach who wrote the original paper. I asked Coy if he was familiar with […]

Justice for the Little People?
By Robert Bernstein   |   February 1, 2022

“The law, in its majestic equality, forbids all men to sleep under bridges, to beg in the streets and to steal bread – the rich as well as the poor.” So wrote Anatole France in The Red Lily (1894). It is difficult to express the injustice of the legal system better than that one brilliant […]

The Power of Money – the Bad and the Good
By Peter Brill   |   January 24, 2019

Q. I have my own money and I inherited some more from my parents. I find I am very confused about what to do with it. I buy things I don’t really need, and I give to charity but mostly only at the end of the year. I want to do something bigger and give […]