A global tipping point: Half the world is now middle class or wealthier
Homi Kharas and Kristofer Hamel, Brookings Institute
By our calculations, as of this month, just over 50 percent of the world’s population, or some 3.8 billion people, live in households with enough discretionary expenditure to be considered “middle class” or “rich.”
Should we be working less?
Matthew Davis, Big Think
Across the world, companies are experimenting with shorter workweeks — is it working?
The Character Gap: Understanding Our Moral Mediocrity
Nathan Pinkoski, Public Discourse
Christian Miller’s scientific approach to understanding moral character is impressive, and it allows him to reach a public that is inclined only to trust the empirical. Yet this method severely restricts the conclusions Miller feels justified to make.
Yes, Inequality Is a Problem — When Caused by the Government
Ryan McMaken, Mises Wire
In a world of “third-way” regimes, government intervention is a cause of inequality at least as much as is the market.