Tag: Income

Social class and parenting

Social class and parenting

by John Hayward Parents’ social class has a greater impact on how well their children perform at school than ‘good parenting’ techniques such as reading bedtime stories, claim researchers from the University of London’s Institute of Education. In actual fact the study of around 11,000 seven-year-old children simply looked at the variables associated with cognitive, […]

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Growth in inequality

Growth in inequality

by John Hayward Today’s report from the National Equality Panel disturbingly begins ‘Britain is an unequal country, more so than many other industrialised countries and more so than it was a generation ago.’ Its charts stress how ‘since the late 1980s income inequality has remained much higher than in the 1960s and 1970s; on some […]

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Globalization and the world economy – for richer for poorer, for better or worse? by Paul Mills

Globalization and the world economy – for richer for poorer, for better or worse? by Paul Mills

  Summary Globalization is transforming the world for both good and ill, although it is neither new nor inevitable. Globalization is largely innocent of the crimes for which it is usually charged. It has the potential dramatically to reduce global poverty and undermine repressive regimes. But globalization challenges the viability of the nation state and […]

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The Divine Economy by Paul Mills

The Divine Economy by Paul Mills

  Summary The basic economic problem is that the incentives needed to promote efficiency and growth also lead to inequality. Biblical law sets out an economic model that shares contemporary concerns for economic efficiency and fairness while avoiding the problems faced by the current Western model. In the process it achieves what economists have been […]

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