All Articles on Institute for Policy Studies

News
Amid Warnings of Surging Worldwide Poverty, Planet's 500 Richest People Added $1.8 Trillion to Combined Wealth in 2020
"Surging billionaire wealth hits a painful nerve for the millions of people who have lost loved ones and experienced declines in their health, wealth, and livelihoods."
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Amazon founder Jeff Bezos and his then-wife MacKenzie Bezos—now Scott—participated in the opening ceremony of the Washington Post's new location January 28, 2016 in Washington, D.C. Jeff Bezos owns the newspaper. (Photo: Chip Somodevilla/Getty Images) News
With $4.2 Billion in Direct Giving, MacKenzie Scott, Formerly Bezos, 'Puts Shame to the Billionaire Class'
"The bulk of these gifts are to the works of mercy during this pandemic—food banks, direct social service organizations, emergency funds, and support services for the most vulnerable."
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Dozens of protesters gather in front of Jeff Bezos' residency on 5th Avenue in Manhattan on August 9, 2020. News
New Research Shows 'Pandemic Profits' of Billionaires Could Fully Fund $3,000 Stimulus Checks for Every Person in US
"America's billionaires could pay for a major Covid relief bill and still not lose a dime of their pre-virus riches."
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News
As Nonprofit Sector Suffers, Coalition Calls on Congress to Force Wealthy Foundations to Ramp Up Charitable Giving
"Increased funding could be immediately absorbed by food banks, healthcare providers, educational institutions, and organizations addressing issues like poverty alleviation, economic development, safe and secure voting, and social justice."
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A row of impoverished homes sits in the literal shadow of Trump Plaza hotel and casino in Atlantic City, New Jersey. (Photo: Brett Wilkins) News
New Data Show Income of Top 0.1% Soared 345% While That of Bottom 90% Stagnated Over Past 40 Years
"It's all a matter of political choices," progressive economist Thomas Piketty said in a recent interview. "You can have economic justice together with economic prosperity."
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Ahead of Thanksgiving, millions of families are in need of food assistance due to Covid-19 related layoffs and the expiration of federal unemployment benefits. Meanwhile, Amazon CEO Jeff Bezos and 649 other billionaires in the U.S. have amassed a combined $1 trillion in gains since the pandemic began in March 2020. (Photos: Paul Hennessy/SOPA Images/LightRocket and Saul Loeb/AFP via Getty Images) News
Stock Market Soars and Billionaire Wealth Swells by $1 Trillion as Food Lines Stretch 'As Far As the Eye Can See'
"During the pandemic that has taken everything from millions, U.S. billionaires have now collectively gained over $1 trillion."
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Protesters demand that billionaires pay their fair share during a July 17, 2020 demonstration in New York City. (Photo: Spencer Platt/Getty Images) News
Billionaire Bonanza Continues as Workers Pounded by Pandemic, Recession, and GOP Relief Refusal
Since Covid-19 struck in March, the combined wealth of the 647 richest Americans has increased by nearly $1 trillion, largely at the expense of workers' safety—and sometimes their lives.
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Workers in PPE are seen at the Judiciary Square Covid-19 testing site in Washington, DC, on November 18, 2020. - The United States is home to the world's largest coronavirus outbreak, with nearly 249,000 deaths as of November 18, 2020, according to Johns Hopkins University. (Photo: Mandel Ngan/AFP via Getty Images) Views
Why We Must Protect Essential Workers From Billionaire Pandemic Profiteers
We are witnessing a criminal tragedy as wealthy billionaires, sequestered in protective bubbles and private jets, are dispatching essential workers into the line of infection fire with inadequate shields and protections.
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The Doomsday Clock reads 100 seconds to midnight—a decision made by the Bulletin of Atomic Scientists—during an announcement at the National Press Club in Washington, D.C. on Jan. 23, 2020. (Photo: Eva Hambach/AFP via Getty Images) Views
As Historic Nuclear Ban Enters into Force, It’s Time for the US to Help Put an End to the Nuclear Age
The only nation to use a nuclear weapon in an act of war can and should take steps to end the nuclear threat for good.
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Billionaire wealth News
'The Gilded Age Is Here Again': Billionaire Wealth Has Surged by $931 Billion During Seven Months of Pandemic, Economic Collapse
"The juxtaposition between surging billionaire wealth and the imploding livelihoods of ordinary Americans is grotesque and unseemly."
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