Tag: Inequality
When it comes to wealth, New York County is “the most unequal county in the US,” according to Queens College professor and sociologist Andrew Beveridge. He explained the phenomenon in a recent talk at the Symposium on Inequality and reported by CityLab. After climbing in the 1990s and 2000s, median income is back down to […]
As the December 2nd release date approaches for the new Wu-Tang album, members have revealed in the press that they’re being paid on a hierarchical tier system based on their individual popularity. The recording of A Better Tomorrow was reportedly difficult, with members struggling to come together. Raekwon was often singled out as the biggest hurdle to a […]
In post-recession Manhattan, the rich are making nearly as much as they did before the economic disaster, while the poor are make the same or even less. The Census Bureau’s American Community Survey, released today, reveals that the top 5% in Manhattan took in $854,394 in the final year of Bloomberg’s administration, 88 times the […]
This week, respected high-brow magazine The New Yorker announced plans to become accessible. The publication will produce more web-exclusive content, redesign their site and, most excitingly, let everyone read digitized content of all issues of the magazine since 1997… for the next three months. When the time is up, much of that content will go back under a new […]