Sam Pizzigati

Articles by this author

Views
Saturday, October 24, 2015
Have We Finally Moved Beyond GDP?
Organizers of last week’s fifth OECD World Forum on Statistics, Knowledge and Policy could barely contain their sense of satisfaction when the three-day event opened in Guadalajara, Mexico. Why all the good cheer? Officials at the OECD, the official economic research agency of the developed world,...
Read more
Views
Wednesday, April 22, 2015
Why We Need $50,000 Traffic Tickets
All of us would like to live in a world where people always do the right thing — without anybody looking over their shoulder. But that world doesn’t exist and never will. So every society on our planet has penalties. You break the rules, you pay a price. But penalties only work if the wrongdoer...
Read more
Views
Friday, January 30, 2015
A Kerfuffle Over Global Wealth Stats
Sometimes facts can fly. All around the world. Over the last year or so, no one has been flying facts more effectively than the folks at Oxfam, the activist global charity. A year ago, an Oxfam report revealed that the world’s 85 richest billionaires had as much wealth as the poorest half of the...
Read more
Views
Sunday, November 16, 2014
Some 'Old' News for a Newly Elected Congress
How much income do America’s households take in? How much do they have left after taxes? Do federal taxes leave the nation less or more unequal? Questions don’t get much more basic than these. Or more complicated either. How, for instance, do we define income? Everyone agrees, of course, that...
Read more
Views
Monday, November 10, 2014
The Peasants Still Have Their Pitchforks
What can we expect Congress to do about America’s staggeringly top-heavy concentration of income and wealth over the next two years? Absolutely nothing. What do Americans want Congress to do about that concentration? A good bit. We know the first answer from the simple math of last week’s election...
Read more
Views
Monday, October 20, 2014
On a Top-Heavy Planet, Nordic Nations Show Path to Healthier Wealth Equity
The latest annual Global Wealth Report from the Credit Suisse Research Institute has everything you would expect from a report on global wealth. And one thing you wouldn’t: a mystery. The media coverage of the new Credit Suisse report hasn’t focused much at all on that mystery. Reporters have...
Read more
Views
Tuesday, September 30, 2014
Why an Unequal Planet Can Never Be Green
What is it going to take to save the planet from environmental devastation? Sheer people power? We certainly saw that on the eve of last week’s UN Climate Summit in New York. Some 400,000 marchers packed the streets of Manhattan. Millions more rallied the same day in over 2,600 other actions in 162...
Read more
Views
Saturday, August 30, 2014
Inequality and the USA: A Nation in Denial?
Every August, for most of the last four decades, top central bankers from around the world have been making their way to the Wyoming mountain resort of Jackson Hole for an invitation-only blue-ribbon economic symposium. This year’s Jackson Hole hobnob, once again hosted by the Federal Reserve Bank...
Read more
Views
Tuesday, August 05, 2014
Inside Our Profoundly Unequal ‘New Normal’
The Commerce Department released some revised figures on America’s economy last week. Previous numbers, Commerce researchers noted, had overestimated the share of the nation’s income going to workers and underestimated the share going to America’s asset-rich. “Everything’s coming up roses for...
Read more
Carlos Ghosn, the CEO of Japanese automaker Nissan, pulled in just over $10 million last year. That made him Japan’s highest-paid chief exec, by a wide margin. In the United States, $10 million barely rates as CEO average pay. (Photo: flickr / cc / WEF) Views
Monday, June 30, 2014
America’s CEOs: In a Class All by Themselves
The free market made us do it. Ask members of any American corporate board of directors why they pay their CEO so much and you’ll get some variation on this market-inevitability theme. To compete effectively in the world economy, Corporate America’s argument goes, we need world-class executive...
Read more

Pages