Divergence in economic well-being within a group
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Sociologist David Grusky argues that all the usual debilitating debates about inequality can be sidestepped if we focus on the worst forms – those rooted in cronyism, racism, and nepotism – that everyone can agree are nothing more than a pernicious transfer of income or wealth from the powerless to the powerful. To fight this “worst form” of inequality, Grusky shows how powerful interventions can be identified with new quasi-experimental methods, including those that use naturally occurring or AI-generated doppelgangers instead of very expensive randomized controlled trials. “We're leaving a lot of talent on the table. And the cost is profound,” Grusky tells host Russ Altman about the price of inequality on this episode of Stanford Engineering's The Future of Everything podcast.Have a question for Russ? Send it our way in writing or via voice memo, and it might be featured on an upcoming episode. Please introduce yourself, let us know where you're listening from, and share your question. You can send questions to thefutureofeverything@stanford.edu.Episode Reference Links:Stanford Profile: David GruskyConnect With Us:Episode Transcripts >>> The Future of Everything WebsiteConnect with Russ >>> Threads / Bluesky / MastodonConnect with School of Engineering >>> Twitter/X / Instagram / LinkedIn / FacebookChapters:(00:00:00) IntroductionRuss Altman introduces guest David Grusky, a professor of sociology at Stanford University.(00:02:57) Studying InequalityDavid explains his motivation for studying inequality.(00:03:44) What Is Good Inequality?How productive contributions create justifiable inequalities in income.(00:04:48) Example of Bad InequalityWhen legitimate productivity becomes mixed with exploitation(00:07:22) Widespread Nature of Bad InequalityDifferent groups within society who benefit from bad inequality.(00:10:58) The Birth Lottery ProblemHow the circumstances of birth create hidden advantages.(00:13:15) Status & Social Class InequalityWhether prestige and non-financial rewards intersect with inequality.(00:14:52) Good Jobs vs. Bad JobsWhat constitutes a good job in an era of rapid technological change.(00:16:20) The Limits of Progressive TaxationWhy progressive taxation fails to distinguish between inequalities.(00:21:01) Predistribution SolutionsPreventing bad inequality before it occurs with institutional reform.(00:24:31) Reform ChallengesHow entrenched interests and weak evaluation block reform progress.(00:25:54) Inequality Research ToolsQuasi-experimental methods that evaluate inequality interventions.(00:28:39) AI Clones for Policy TestingUsing large language models to simulate individuals and test policy ideas.(00:33:55) Conclusion Connect With Us:Episode Transcripts >>> The Future of Everything WebsiteConnect with Russ >>> Threads / Bluesky / MastodonConnect with School of Engineering >>>Twitter/X / Instagram / LinkedIn / Facebook
LOCK IN THE EARLY BIRD PRICE DISCOUNT FOR THE THOUGHTFUL MONEY FALL CONFERENCE AT https://thoughtfulmoney.com/conferenceIn today's video, we discuss a new chart showing the top 1% running away with America's wealth.This is massive challenge facing our society. Some would call it a calamity.At what point does the bottom 90% hit its breaking point?And what can we, as individuals, do to decrease our odds of coming out of the wrong side of this growing wealth disparity?We discuss that in today's video, as well offically announce the upcoming Thoughtful Money Fall online conference on Saturday, October 18th. To lock in your ticket at the Early Bird price discount (our lowest), go to https://thoughtfulmoney.com/conference#wealthgap #wealthinequality #fourthturning _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.
Why the Wealth Gap is Widening In 2020, if you put $100,000 into: A Bank Account at 1%, you would have $105k (but actual purchasing power would be $70,000) $100,000 in BTC would be about $650,000 $100G in Silver $211,000 $100G Gold would be worth $227,000 today The entire financial system changed on August 15th, 1971. Obviously, what worked before that is no longer working. People still saving dollars in banks at interest rates that are less than the inflation rate are losing more faster. Those who have exchanged fiat dollars for hard assets are getting much wealthier. This is wiping out the middle class. If you want to be on the winning side of inflation… Buy More Hard Assets Faster! Sponsors: American Gold Exchange Our dealer for precious metals & the exclusive dealer of Real Power Family silver rounds (which we finally got in!!!). Get your first, or next bullion order from American Gold Exchange like we do. Tell them the Real Power Family sent you! Click on this link to get a FREE Starters Guide. Abolish Property Taxes in Ohio: https://reformpropertytax.com/ Our Links: www.RealPowerFamily.com Info@ClearSkyTrainer.com 833-Be-Do-Have (833-233-6428)
The Congressional Budget Office says President Donald Trump's One Big Beautiful Bill Act will increase household income overall between 2026 and 2034 — but with the largest gains going to the wealthiest Americans. Low-income households will face losses due to cuts in Medicaid and SNAP. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices
The True Cost of Trump's Big Beautiful Bill on Family BusinessIn this episode of Fearless Family Business, Adam critically examines a recent piece of legislation—referred to as Donald Trump's 'One Big, Beautiful Bill'—that entails multi-trillion dollar tax cuts, program cuts, and spending increases. Adam argues that while some may benefit financially in the short term, the bill has dire long-term implications for family businesses and society as a whole. Key points include the exacerbation of the humanitarian crisis through increased immigration enforcement, the enlargement of the federal deficit, and the widening wealth gap. Adam advocates for investment in education, healthcare, and inclusion as essential pathways for sustainable economic prosperity and value creation. The episode underscores the need for family businesses to focus on innovation and long-term legacy rather than short-term gains.00:00 Introduction: The Big Beautiful Bill00:19 Why I Oppose the Bill01:46 Overview of the Legislation03:51 Impact on Social Programs and Defense Spending06:44 Humanitarian Crisis and Immigration Enforcement10:35 Deficit and Fiscal Responsibility22:06 Wealth Gap and Value Creation26:38 Conclusion: A Call to Action for Family Businesses
✨ What if everything you thought you knew about inflation, money, and wealth was built on a false foundation? In this eye-opening episode of The Manifestation & Money Podcast, Jenni sits down with Paul Musson—investment expert, former fund manager, and author of Capital Offense: Why Some Benefit at Your Expense—for a raw, real, and powerful conversation about how our modern financial systems are structured to favor a few while leaving the rest behind. Paul explains in clear, relatable terms what's really happening in the economy, how inflation and money printing affect generational wealth, and why the cost of living is spiraling out of reach for so many. This isn't about politics—it's about understanding the truth and reclaiming our collective financial power.
In this unfiltered and eye-opening conversation, former CIA officer Andrew Bustamante (AKA Everyday Spy) joins Jay Martin to unpack America's geopolitical standing, the rise of China, the hidden mechanics of global influence, and the cracks within U.S. society. From espionage and digital warfare to the erosion of democratic values and the real threat of internal collapse, this is a candid look at the forces reshaping the world—and what it means for the next generation of investors, leaders, and citizens. Want to learn more from Andrew? Find your Spy Superpower: https://yt.everydayspy.com/3IoyxqD Read Andrew's CIA book ‘Shadow Cell': https://geni.us/ShadowCellBook Follow Andy on YouTube: https://youtube.com/@Andrew-Bustamante Explore Spy School: https://everydayspy.com/ Support Andy's sponsor Axolt Brain: https://axoltbrain.com/andy Listen to the podcast: https://youtube.com/@EverydaySpyPodcast Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH8 Sign up for my free weekly newsletter at https://2ly.link/211gx Be part of our online investment community: https://cambridgehouse.com https://twitter.com/JayMartinBC https://www.instagram.com/jaymartinbc https://www.facebook.com/TheJayMartinShow https://www.linkedin.com/company/cambridge-house-international 0:00 - Intro 02:20 - Examining Global Headlines Through US-China Rivalry 03:54 - The American Empire Will Pass—But When? 05:53 - What About China's Demographic Crisis? 07:02 - Why China Might Engineer a Depopulation Event 09:50 - How America Forgets History 10:35 - Why Does a Chinese Strategy Sound So Dystopian? 13:20 - What's Really Driving Middle East Alignments 18:09 - Are We in the “Adolescence” Phase of the American Empire? 21:32 - What Does Figuring It Out Actually Look Like? 26:40 - Will America Choose Autocracy Over Chaos? 28:16 - How Much Internal Pain Before Americans Unify? 32:05 - Was the CIA Involved in the Drug Trade? 36:23 - The Truth About US-Trained Mercenaries 39:19 - How Vulnerable Is the US to Espionage at Home? 44:08 - Is America a Surveillance State? 48:14 - Has the Idea of “American Freedom” Become a Brand? 54:14 - Should You Raise a Family in the US Today? 58:18 - Parents, Not Governments, Create Opportunity Now 01:00:58 - The Wealth Gap and the Future of America Copyright © 2025 Cambridge House International Inc. All rights reserved.
Ever wondered why immigrants often succeed spectacularly in America while the wealth gap keeps growing for everyone else? Kevin Freeman reveals five powerful free-market principles — including real gold-backed money, early investment opportunities, cutting regulations, revitalizing education, and shifting from consumption to production — that can expand economic justice for all Americans. Discover how the One Big Beautiful Bill Act could actually fuel prosperity, create new jobs, and put thousands in your pocket, despite what critics claim. If you believe in opportunity, personal action, and a future where the American dream is within reach, get ready for a practical roadmap that challenges everything you've heard from the media!
How to Calculate Your Wealth Gap and Retire on Your Terms If you sold your business tomorrow, would it fund your retirement? In this episode of Retirement Planning Simplified, Joe Curry breaks down how to calculate your “wealth gap”, the difference between what you need for financial independence and what you already have saved outside your business and home. You'll learn why this number is the foundation for both retirement and exit planning, how to use the 4% rule for back-of-the-napkin math, and what business owners can do today to close that gap and retire with confidence. Here's what you're in for: 00:00 The Big Question About Retirement 01:50 Calculating Your Wealth Gap 02:07 Retirement Lifestyle Goals 02:52 Income from Investments: The 4% Rule 03:33 Considering Taxes in Your Wealth Gap 03:57 Assets and the Wealth Gap 04:45 Closing the Wealth Gap with Your Business 05:12 Financial Independence vs. Retirement 05:31 Reverse Engineering Your Business Sale 06:56 Example Walkthrough 08:13 The Importance of Early Exit Planning 09:50 Conclusion: Bridging Business and Retirement —------------------------------------------------------------- ABOUT JOE CURRY Joe Curry is the host of Business and Exit Planning Simplified and the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario. A Certified Financial Planner and Certified Exit Planning Advisor, Joe is passionate about helping business owners maximize value, plan successful exits, and find purpose beyond their business. His mission is to ensure clients retire with confidence—financially secure and personally fulfilled. You can reach out to Joe through: LinkedIn: https://www.linkedin.com/in/curryjoe Website: https://www.retirementplanningsimplified.ca/ https://www.facebook.com/RetirementPlanningSimplified/ https://matthewsandassociates.ca/ ABOUT BUSINESS AND EXIT PLANNING SIMPLIFIED The Business and Exit Planning Simplified podcast offers clear, actionable guidance to help business owners maximize value, plan successful exits, and achieve financial freedom. Hosted by Joe Curry, a Certified Financial Planner and Certified Exit Planning Advisor, each episode delivers expert insights, real-life case studies, and practical strategies tailored for service-based entrepreneurs approaching retirement. The podcast empowers listeners to transition with clarity, confidence, and a renewed sense of purpose. —------------------------------------------------------------- Disclaimer: Opinions expressed are those of Joseph Curry, a registrant of Aligned Capital Partners Inc. (ACPI), and may not necessarily be those of ACPI. This video is for informational purposes only and not intended to be personalized investment advice. The views expressed are opinions of Joseph Curry and may not necessarily be those of ACPI. Content is prepared for general circulation and information contained does not constitute an offer or solicitation to buy or sell any investment fund, security or other product or service.
25 years ago, Africa had zero billionaires. Today, it has 23, and the four richest have as much wealth as 750 million Africans combined. But how is this concentration of wealth taxing Africa's poorest people? Eddy Micah Jr. talks to Kwesi Obeng reseracher at Oxfam, Africa and DW's Olisa Chukwuma in Lagos
In today's episode, we're diving deep into one of the most controversial and complex issues of our time: wealth inequality and the fierce debate around taxing the rich. Hashtags like “EatTheRich” have taken over social media, and public figures are demanding that billionaires pay their “fair share.” But what do the numbers actually say—are the wealthy really freeloading, or are we missing the bigger picture? Tom unpacks the realities behind the statistics, breaking down who really funds the government, why taxing the rich might not be the solution people think it is, and the powerful psychological forces driving resentment and populism. Along the way, he traces the real culprits behind the shrinking middle class—from runaway inflation and globalization to misguided regulations. If you've ever wondered whether simply taxing billionaires could fix our economic system, or why history shows that punitive tax policies often backfire, this episode will leave you questioning common wisdom and craving real solutions. Get ready for a data-driven, myth-busting journey that reveals both the causes of inequality and what needs to happen for genuine progress. Let's jump in! SHOWNOTES 00:00 "Tax Burden Disparities in Income" 06:48 Revolutionary Violence and Its Consequences 09:15 Gini Coefficient: Measuring Inequality 11:00 Psychological Traps Worsen Wealth Gap 14:14 "Envy Drives Taxing the Rich" 19:52 Middle Class Squeeze by Globalization 22:52 Wealthy Flee UK: Tax Policy Shift 25:47 US Wealth Attraction and Tax Risks 30:31 "Globalization's Impact on Labor Wages" 34:13 "Reducing Regulations Boosts Economic Growth" 35:20 Economic Strategy for U.S. Competitiveness 39:20 "Solutions Over Scapegoats" SUPPORT OUR SPONSORS Vital Proteins: Get 20% off by going to https://www.vitalproteins.com and entering promo code IMPACT at check out SKIMS: Shop SKIMS Mens at https://www.skims.com/impact #skimspartner Allio Capital: Macro investing for people who want to understand the big picture. Download their app in the App Store or at Google Play, or text my name “TOM” to 511511. SleepMe: Visit https://sleep.me/impact to get your Chilipad and save 20% with code IMPACT. Try it risk-free with their 30-night sleep trial and free shipping. Jerry: Stop needlessly overpaying for car insurance - download the Jerry app or head to https://jerry.ai/impact Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact CashApp: Download Cash App Today: https://capl.onelink.me/vFut/v6nymgjl #CashAppPod iRestore: For a limited time only, our listeners are getting a HUGE discount on the iRestore Elite when you use code IMPACT at https://irestore.com/impact What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER SCALING a business: see if you qualify here. Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here. ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** LISTEN TO IMPACT THEORY AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices
The Michael Yardney Podcast | Property Investment, Success & Money
Today, women live longer than men, but retire with far less money. And despite all the progress we've made, Australia's gender wealth gap remains stubbornly wide. Today I'm joined by Sarah Megginson, money expert and Head of Editorial at Finder, to unpack the insights from their 2025 State of Women's Wealth Report. We explore why women continue to fall behind financially, what drives the wealth gap beyond pay inequality, and most importantly, what women (and men) can do about it. You might be thinking, "Well, I'm not a woman — why does this affect me?" I think you really should listen to today's show because financial security isn't just about individuals. It's about families. Communities. Generations. When women build wealth, everyone benefits: More kids grow up in financially secure homes. More wealth gets reinvested into our economy. More retirees live independently, not dependent on government handouts. This is all about building a stronger, fairer, wealthier Australia. Takeaways · Women hold 40% less net wealth than men. · The gender pay gap begins in primary school. · Women are more likely to work part-time, affecting their superannuation. · Education is crucial for financial empowerment. · Cultural shifts are changing financial goals for younger generations. · The sandwich generation faces unique financial challenges. · Women over 50 are at a higher risk of homelessness. · Negotiating pay remains a hurdle for women. · Small financial steps can lead to significant changes. · Parents play a vital role in shaping children's financial attitudes. Chapters 00:00 Introduction to Women's Wealth Report 04:36 Understanding the Gender Wealth Gap 07:28 The Impact of Career Breaks on Women's Finances 13:04 The Role of Parenting in Financial Education 18:46 The Sandwich Generation: Balancing Care and Career 21:25 Risk of Homelessness for Women Over 50 24:14 Taking Control of Your Financial Future 29:29 Empowering Women to Manage Money Links and Resources: Answer this week's trivia question here- www.PropertyTrivia.com.au · Win a hard copy of How to Grow a Multi-Million Dollar Property Portfolio – in your spare time. · Everyone wins a copy of a fully updated property report – What's ahead for property for 2025 and beyond. Finder's State of Women's Wealth Report https://www.finder.com.au/insights/state-of-womens-wealth-report-2025 Sarah Megginson - money expert and Head of Editorial at Finder https://www.finder.com.au/author/sarahmegginson Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Michael Yardney – Subscribe to my Property Update newsletter here Get a bundle of eBooks and Reports at www.PodcastBonus.com.au
Bridging the Gap: Wealth, Doubt & DeterminationDescription:In this episode, we dive deep into the psychological, historical, and systemic barriers that fuel the doubt many feel about ever obtaining true wealth. From generational poverty to the rising cost of living and the glaring wealth gap, we explore how these realities can discourage ambition — and what it takes to push through that doubt. Whether you're grinding toward financial freedom or questioning if wealth is even in reach, this conversation brings truth, strategy, and motivation to the table.
Rachel Rodgers captivates with her remarkable journey from struggling attorney with a 400-level credit score to self-made millionaire and eight-figure business owner. Her transformation wasn't built on luck or privilege, but strategic risk-taking and unwavering belief in her capabilities. With refreshing candor, Rachel shares how seeing her staggering $300,000 student loan debt became a catalyst rather than a paralyzer. While her law school peers pursued traditional careers with modest starting salaries, she took the entrepreneurial path—launching her own practice that matched conventional salaries in year one and quadrupled them by year two. This exponential growth demonstrates her core philosophy: calculated risks often yield returns that conventional paths simply cannot match. What sets Rachel apart is her commitment to democratizing wealth creation. She describes herself as "the guinea pig" who tests pathways to prosperity, then creates systems to teach others—particularly women and marginalized communities—how to follow similar trajectories For business leaders, Rachel delivers another transformative insight: creating a company where you genuinely enjoy showing up is non-negotiable for sustainable growth. She advocates adjusting offers, marketing approaches, and systems to maintain enthusiasm while advancing core mission objectives—recognizing that leader burnout inevitably impacts client experiences. Connect & Discover Rachel: Website: https://rachelrodgers.com/ Website: https://helloseven.co/ LinkedIn:https://www.linkedin.com/in/rachelannerodgers/ Instagram: https://www.instagram.com/rachrodgersesq/ Book: We Should All Be Millionaires Book: Million Dollar Action Book: Future Millionaire: A Young Person's Step-by-Step Guide to Making Wealth Inevitable FOLLOW MICK ON: Instagram: https://www.instagram.com/mickunplugged/ Facebook: https://www.facebook.com/mickunplugged/ YouTube: https://www.youtube.com/@MickUnpluggedPodcast LinkedIn: https://www.linkedin.com/in/mickhunt/ Website: https://www.mickhuntofficial.com Apple: https://podcasts.apple.com/us/podcast/mick-unplugged/
In today's episode, hosts Nate Thurston and Charles 'Meka' Thompson bring you another engaging installment of Good Morning Liberty. As we celebrate the 4th of July, the duo reflects on the significance of the founding fathers and the enduring principles they established. The discussion takes a turn towards current events with an in-depth look at the progress made under Argentina's Libertarian President Javier Mele, including reduced poverty and inflation rates. Nate and Charles also delve into the looming insolvency of U.S. Social Security, Bernie Sanders' critique of the Republican Party, and the implications of the Big Beautiful Bill making its way through the Senate. Join them for a blend of insightful analysis, humor, and passionate discourse on the pressing issues of our time. (00:00) Introduction and 4th of July Banter (01:11) Fireworks and Podcast Milestones (02:28) Senate Bill Debate (05:08) Argentina's Economic Reforms (11:24) Social Security's Looming Crisis (18:55) Critique of the Big Beautiful Bill (BBB) (22:12) Trump's Senate Victory and Bernie's Irony (22:35) Bernie Sanders' Critique of the Republican Party (24:55) Energy Subsidies and Elon Musk's Concerns (25:51) Debate on Wind and Solar Taxes (28:01) Socialism for the Rich: A Critique (38:03) The Wealth Gap and Market Dynamics Links: https://gml.bio.link/ YOUTUBE: https://bit.ly/3UwsRiv RUMBLE: https://rumble.com/c/GML Check out Martens Minute! https://martensminute.podbean.com/ Follow Josh Martens on X: https://twitter.com/joshmartens13 CB Distillery 25% off with promo code GML cbdistillery.com Join the Fed Haters Club! joingml.com secure.thomasmassie.com/donate
Billionaires Gained $2 Trillion—And We Still Don't Get It | Karel Cast Ep. 25-88 ⸻
In this live Forward Guidance Roundup, we discuss geopolitics and the “peace dividend” theory from Pippa Malmgren, potential Fed regime shifts toward fiscal dominance, Trump's pressure on FOMC board members, and the effects of tariffs and buybacks on equities. We also explore the implications of a weakening dollar, capital flows out of the U.S., and how AI and crypto could reshape wealth creation and ownership in the coming decade. Enjoy! — Follow Tyler: https://x.com/Tyler_Neville_ Follow Quinn: https://x.com/qthomp Follow Felix: https://twitter.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance — Echo Protocol is the first Bitcoin liquid re-staking and yield layer on MoveVM. As the second-largest protocol on Aptos by TVL, Echo secures nearly half of the network's bridged assets with ~$270M in aBTC minted. https://www.echo-protocol.xyz/ — Timestamps: 00:00 Intro 01:10 Geopolitical Framework 05:00 Biggest Story in Markets 08:22 Flows vs Fundamentals 13:33 Moving Toward Fiscal Dominance 16:39 Housing, Labor, & the Wealth Gap 20:12 The Dollar Decline & RoW Assets 27:15 Investing in the RIght Themes 30:02 Potential Currency Accord 34:31 Tariffs, AI, & Labor — Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed. #Macro #Investing #Markets #ForwardGuidance
Rising inequality is a concern for governments and everyday people – but it might be useful to put the current situation into historical perspective. Daniel Waldenstrom is professor of economics and program manager for the research program Taxes and Society at the Research Institute of Industrial Economics in Stockholm. He joins host Krys Boyd to discuss why understanding the metrics of measuring inequality is critical to understanding that not all people — or even countries — are being as hard hit as we might believe. Plus, we'll talk about what might actually work to address poverty. His article in Foreign Affairs is “The Inequality Myth,” and his book published last year is “Richer and More Equal: A New History of Wealth in the West.” Learn about your ad choices: dovetail.prx.org/ad-choices
In this episode of Closing the Wealth Gap, I will speak with my good friend, Mr. Thomas L. White, III. Thomas and I have been friends for over forty years. He and I were stationed at Naval Air Station, Agana, Guam, back in the early 1980s. Recently, Thomas was inducted into the Military Basketball Hall of Fame. Listen to the wisdom of this basketball legend. For more information, visit www.tyronefrench.com. Send your email comments to coach@tyronefrench.com. To leave a recorded message (24/7), call (877) 296-5192. Text Tyrone French To 36260 to download my free mobile app. As always, thank you for listening.
In this Forbes Talks conversation, Ali Jackson-Jolley sits down with Project Wellspring founder Brooke Daniels to dissect the blind spots in traditional venture capital – and makes the case for using donor-advised funds (DAFs) as a tool for equity.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
More than 100 years after the Tulsa Race Massacre, the Oklahoma city's mayor recently announced a $105 million reparations package to address the Massacre's lasting impact. Marketplace's Mitchell Hartman joins us on the show today to explain how we got here, and more from his reporting on economic injustice in Tulsa's Greenwood neighborhood. Plus, we'll get into what the new reparations package could mean for Black Tulsans and the push for reparations in other cities.Here's everything we talked about today:"The Tulsa Race Massacre destroyed Black lives and wealth. What's owed to survivors' descendants?" from Marketplace"Black Tulsans still feel effects of Greenwood neighborhood's "second destruction'" from Marketplace "$105 Million Reparations Package for Tulsa Race Massacre Unveiled by Mayor" from The New York Times"$105 million trust to be built for 1921 Tulsa Race Massacre reparations, city says" from Public Radio TulsaWe want to hear from you. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
More than 100 years after the Tulsa Race Massacre, the Oklahoma city's mayor recently announced a $105 million reparations package to address the Massacre's lasting impact. Marketplace's Mitchell Hartman joins us on the show today to explain how we got here, and more from his reporting on economic injustice in Tulsa's Greenwood neighborhood. Plus, we'll get into what the new reparations package could mean for Black Tulsans and the push for reparations in other cities.Here's everything we talked about today:"The Tulsa Race Massacre destroyed Black lives and wealth. What's owed to survivors' descendants?" from Marketplace"Black Tulsans still feel effects of Greenwood neighborhood's "second destruction'" from Marketplace "$105 Million Reparations Package for Tulsa Race Massacre Unveiled by Mayor" from The New York Times"$105 million trust to be built for 1921 Tulsa Race Massacre reparations, city says" from Public Radio TulsaWe want to hear from you. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
- artificial intelligence- wealth inequality- innovative currencies- personalized technology- human-AI interactionIn this episode, we delve into the transformative role of artificial intelligence in addressing the global wealth gap. Join us as we engage with AI expert William Welser, who shares insights on how AI innovations can create more meaningful connections between technology and humanity. Discover how personalized AI solutions can improve the quality of life and how new currency concepts could impact the wealth gap. This conversation navigates the evolving relationship between AI and societal challenges, offering a visionary outlook on the future of wealth distribution.William Welser Link:Lotic.ai
Today’s guest is Gary Whitehurst, CEO and Co-Founder of Brighter Investing—an investment firm that helps its clients align their personal purpose and passion with the places they invest their money. Gary brings a unique background to this work, leveraging his decades of experience in the investment and wealth management industry to build something different, a socially and environmentally geared impact investing firm. In this episode, Gary shares what led him to launch Brighter Investing, how their approach differs from mainstream investment firms, and why redefining risk and value is essential to creating lasting impact. He demystify some of the impact investing buzzwords, defining what ESG is and isn't, and explaining how it is used to help investors make decisions in line with their own personal risk tolerance. And Gary even tells us about their newest endeavor, launching an investment fund focused on social justice. Whether you're a seasoned investor, social entrepreneur, or just curious about what it means to invest with purpose, this is a conversation you won’t want to miss. RESOURCES RELATED TO THIS EPISODE Visit https://brighter-investing.com/ Follow Brighter Investing on LinkedIn at https://www.linkedin.com/company/brighterinvesting/ Follow Gary Whitehurst on LinkedIn at https://www.linkedin.com/in/garywhitehurst/ CREDITS Theme Music
Professor in Psychiatry, Brendan Kelly of Trinity College Dublin joins Newstalk Breakfast to talk about how wealth gaps between friends can create stressListen here.
In this eye-opening episode, Coach RL and Money Mike unpack the real story behind the wealth gap — not just the numbers, but the narratives that shape them. This isn't just about income inequality; it's about ownership, mindset, behavior, and collective power.
We're excited to bring you this episode as part of The Intersection Rewind: 10 Powerful Conversations that Still Resonate. This series features 10 of our most downloaded and favorite conversations from the last five years. .The wealth gap in America continues to widen, with systemic inequities disproportionately affecting communities of color. According to research, Black households hold just 12 cents for every dollar of white household wealth, while Latinx families hold only 21 cents for each dollar.This economic inequality isn't accidental—it stems from decades of discriminatory policies, unequal access to capital, and systemic barriers to financial opportunity that persist today.In this powerful conversation with Myah Irick, we dive deep into the root causes of economic disparity, examining how financial exclusion, lending discrimination, and limited access to capital have created generational wealth gaps across racial lines.Our discussion explores practical solutions including innovative financial programs, community investment initiatives, and policy changes that can create pathways to economic mobility for underserved communities.After listening, consider how you might contribute to creating more equitable financial systems in your own community.Resources:Connect with Myah on LinkedInConnect with me:InstagramLinkedInRestart Consulting
Transformative Leadership Conversations with Winnie da Silva
"You combine the gender wage gap with the work breaks, what you get is a retirement account that has less money in it at the point of retirement. And then we outlive men.” - Jean ChatzkyWhat if the way you feel about money is more powerful than what you actually know about it? Managing money is not about being perfect — but just about building the right habits, over and over again. In this episode of Transformative Leadership Conversations, I'm joined by Jean Chatzky — financial journalist, bestselling author, and CEO of HerMoney. Jean has spent her career helping people, especially women, take control of their money, their mindset, and their future. We dive deep into how your personal money story shapes your confidence, your career moves, and even your leadership style — and why good money management has way more to do with habits than with being "perfect" at finance.You'll hear us discuss:Building Habits, Not Perfection: Why getting better with money isn't about knowing everything — it's about doing the small smart things over and over again.Why Women Need a Different Space: How Jean created HerMoney as a judgement-free zone where women can learn, talk, and build financial strength together.The Hidden Cost of the Wage Gap: How career breaks, lower salaries, and longer lifespans are stacking the odds against women — and what we can do about it.Money Stories: Why the way you watched your parents handle money matters more than what they ever taught you out loud.Making the Shift from Money to Value: How thinking about your value — not just your salary — can totally change how you negotiate and lead.Letting Go of Perfect: Why waiting until you're 100% sure can hold you back — and why “good enough” is often exactly what you need to move forward.Behavioural Tricks That Work: How little psychology hacks like automation and visualisation can make saving, investing, and budgeting easier without even thinking about it.Keeping Your Receipts (Literally and Figuratively): Why you should start a “value file” today — and how it can make all the difference when you're asking for a raise or a promotion.Knowing When to Get Help: Why even Jean has a financial advisor — and why getting help is a smart leadership move, not a sign you're failing.Resources:Jean Chatzky on Her Money (Web) | Money Personality Type Test | LinkedInWinnie da Silva on LinkedIn | On the Web | Substack | Email - winnie@winnifred.org
Send us a textSpecial Guest:Cliff Goins IV, Author of Minding the Wealth Gap: Our Playbook to Close It TogetherQuestion of the Week:How do we address the wealth gap between Black households and white households when wealth is so intersectional with other justice issues that Black people face? How do we know where to start?Minding the Wealth Gap: Our Playbook to Close It Together For Listening Guides, click here!Got a question for us? Send them to faithpodcast@pcusa.org! A Matter of Faith website
In this episode featuring John Deaton, trial attorney, U.S. Marine veteran, and challenger to Elizabeth Warren in the 2024 Senate race, John shares his personal journey of resilience and why he believes Bitcoin is the path to prosperity that will help revive the American Dream. Topics discussed include: Deaton's upbringing: growing up on welfare with self-limiting beliefs Why Bitcoin is 'ideaological' and personal The fight for economic justice Closing the wealth gap The race against Elizabeth Warren and what went wrong Bitcoin's role in the future of America ---- Coin Stories is brought to you by lead sponsor Genius Group (NYSE American $GNS). Genius is a Bitcoin-first business delivering AI-powered education and acceleration solutions for the future of work. Learn more and enter for a chance to win a whale pass to Bitcoin 2025 in Las Vegas: https://www.geniusgroup.ai/coinstories ---- Bitwise has over $10B in client assets, 32 investment products, and a team of 100+ employees across the U.S. and Europe, all solely focused on Bitcoin and digital assets since 2017. Learn more at https://www.bitwiseinvestments.com ---- Natalie's Bitcoin Product and Event Links: Secure your Bitcoin with collaborative custody and set up your inheritance plan with Casa: https://www.casa.io/natalie For easy, low-cost, instant Bitcoin payments, I use Speed Lightning Wallet. Get 5000 sats when you download using this link and promo code COINSTORIES10: https://www.speed.app/sweepstakes-promocode/ Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/natalie River is where I DCA weekly and buy Bitcoin with the lowest fees in the industry: https://partner.river.com/natalie Safely self-custody your Bitcoin with Coinkite and the ColdCard Wallet. Get 5% off: https://store.coinkite.com/promo/COINSTORIES Earn 2% back in Bitcoin on all your purchases with the Gemini credit card: https://www.gemini.com/natalie Bitcoin 2025 is heading to Las Vegas May 27-29th! Join me for my 4th Annual Women of Bitcoin Brunch! Get 10% off Early Bird passes using the code HODL: https://tickets.b.tc/affiliate/hodl/event/bitcoin-2025 Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie Your Bitcoin oasis awaits at Camp Nakamoto: A retreat for Bitcoiners, by Bitcoiners. Code HODL for discounted passes: https://massadoptionbtc.ticketspice.com/camp-nakamoto ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing
Beyond democratic freedoms, what factors into how Black Americans thrive socially and economically? It’s a theme that’s explored in the new book, “BLACK POWER SCORECARD: Measuring the Racial Gap and What We Can Do to Close It.” The book’s author, Professor Andre M. Perry is a nationally recognized expert on race, structural inequality, economic inclusion, and education. In his book, he studies the life expectancy for Black Americans across multiple cities. He also rates their power based on quality and access to property, business, wealth, education, health, and social mobility. Perry talks more about how each of these factors are linked to the social and economic power of Black People.See omnystudio.com/listener for privacy information.
Vince Goodwill joins Domonique and Charlie to talk about what's going on with the Nuggets and what's next! Then, Domonique and Charlie dive into MLB's wealth gap, Carlos Alcaraz's mentality, and the menu at the Masters. 0:00 Welcome back to The Domonique Foxworth Show 1:43 Reaction to Nuggets firing Malone and what the future holds 22:22 MLB's wealth gap problem 34:46 Carlos Alcaraz's unique mentality 42:24 Ordering off the menu at the Masters Learn more about your ad choices. Visit podcastchoices.com/adchoices
Vince Goodwill joins Domonique and Charlie to talk about what's going on with the Nuggets and what's next! Then, Domonique and Charlie dive into MLB's wealth gap, Carlos Alcaraz's mentality, and the menu at the Masters. 0:00 Welcome back to The Domonique Foxworth Show 1:43 Reaction to Nuggets firing Malone and what the future holds 22:22 MLB's wealth gap problem 34:46 Carlos Alcaraz's unique mentality 42:24 Ordering off the menu at the Masters Learn more about your ad choices. Visit podcastchoices.com/adchoices
Vince Goodwill joins Domonique and Charlie to talk about what's going on with the Nuggets and what's next! Then, Domonique and Charlie dive into MLB's wealth gap, Carlos Alcaraz's mentality, and the menu at the Masters. 0:00 Welcome back to The Domonique Foxworth Show 1:43 Reaction to Nuggets firing Malone and what the future holds 22:22 MLB's wealth gap problem 34:46 Carlos Alcaraz's unique mentality 42:24 Ordering off the menu at the Masters Learn more about your ad choices. Visit podcastchoices.com/adchoices
Vince Goodwill joins Domonique and Charlie to talk about what's going on with the Nuggets and what's next! Then, Domonique and Charlie dive into MLB's wealth gap, Carlos Alcaraz's mentality, and the menu at the Masters. 0:00 Welcome back to The Domonique Foxworth Show 1:43 Reaction to Nuggets firing Malone and what the future holds 22:22 MLB's wealth gap problem 34:46 Carlos Alcaraz's unique mentality 42:24 Ordering off the menu at the Masters Learn more about your ad choices. Visit podcastchoices.com/adchoices
Matthew Lesko, an 81-year-old entrepreneur, shared his life journey, his realization about government money programs, and his desire to educate people about them. He also discussed the importance of giving and helping others, the role of technology in sharing information, and the significant income disparity in the US. The conversation concluded with a discussion on personal growth, the widening income gap, and the importance of taking control of one's own destiny. Community Economy and Capitalism Discussion Matthew Lesko shared his experiences and insights about the balance between the community economy and capitalism in the US. He emphasized that the community economy, which includes government and nonprofit organizations, accounts for 40% of the economy, while the remaining 60% is driven by capitalist ventures. Matthewlesko also discussed his personal journey, from growing up in a working-class family to becoming a successful consultant and entrepreneur. He expressed his frustration that many people, particularly those struggling financially, are unaware of the government programs and resources available to them, and that those who are more affluent often exploit these systems for personal gain. The Value of Giving and Helping Matthew and Michael discussed the importance of giving and helping others, drawing from their personal experiences and observations. Matthew shared his journey of realizing the value of giving and how it has grown over time, particularly through his subscription service that has helped 15,000 people access grants. He emphasized the importance of sharing one's unique talents and not copying others. Michael agreed, highlighting the positive impact of Matthew's service on society. They also touched on the idea of finding one's own unique talents and not being afraid to fail while pursuing them. The conversation ended with Matthew expressing his frustration over the misconception that his subscription service was a strategic branding move, when in fact, it was born out of a desire to help others. Google's Impact on Income Inequality Matthew expressed his belief that Google is negatively impacting society, particularly those who are struggling financially. He pointed out that the average income for the bottom 90% of earners has not increased significantly over the past 40 years, while the top 10% have seen substantial growth. This, he argued, has led to a higher poverty rate in the US compared to other developed countries. Michael responded with a non-committal "Hmm". Widening Income Gap and Society Michael and Matthew Lesko discussed the widening income gap and its impact on society. Matthew shared his belief that the gap started around 1979 and that it's not just about wealth, but also about skills and education. They agreed that there are programs now for skills training, which could lead to higher-paying jobs without the need for a college degree. They also touched on the topic of greed and dissatisfaction, which they believe contribute to hatred. Matthew emphasized the importance of personal growth and comfort in improving one's life and society as a whole. They concluded the conversation with Matthew sharing his community resources and Michael expressing his appreciation for Matthew's service and insights.
What does it truly mean to build wealth beyond the superficial displays often seen in today's society? How can entrepreneurs leverage their businesses to not just survive, but thrive in the competitive market? In this episode, Dr. Lauryn sits down with Antonio Vaglica Jr., a former MLB prospect turned serial entrepreneur, to explore these compelling questions. Antonio brings his unique perspective on transitioning from sports to business, emphasizing the strategic importance of personal development and understanding one's true value.Together, they dissect the principles of asset protection, business-focused tax strategy, and the art of reinvestment within one's business to maximize potential. Antonio discusses his philosophy of 'building wealth to create impact,' sharing insights on how to avoid the common pitfalls of entrepreneurship such as complacency and the allure of quick success. The conversation is rich with actionable advice for anyone looking to deepen their entrepreneurial journey while maintaining integrity and a focus on long-term sustainability.Key Takeaways:Embrace Discomfort for Growth: Antonio shares how stepping out of comfort zones and facing the unknown can significantly drive personal and business growth.Business as Primary Asset: Learn why your business should be your primary focus before other investments, and how reinvesting in it can yield the highest returns.Redefining Wealth: Antonio discusses building true wealth not just for show but for sustainable success, emphasizing the importance of creating value that lasts.Guest Bio: Former MLB prospect turned serial entrepreneur, Antonio Vaglica Jr. owns a diverse portfolio of companies tailored to enhance service-based businesses. His firm specializes in providing unbiased advice across four key areas: Asset Protection, Tax Strategy, Balance Sheet Optimization, and Exit Planning, all designed to maximize enterprise value. With a mission to bridge the wealth gap, Antonio and his team are committed to transforming an industry often clouded by unsuitable recommendations, aiming to reshape the business landscape for the better.Follow Antonio: Instagram | LinkedInResources:For those interested in building a profitable personal brand in just two hours a week, check out Dr. Lauryn's new membership group Beyond Brick & Mortar!Sign up for the Weekly Slay newsletter!Follow She Slays and Dr. Lauryn: Website | Instagram | X | LinkedIn | FacebookSign up here to receive our monthly associate job postings email.#SheSlaysTheDay #Entrepreneurship #WealthBuilding #BusinessGrowth #AssetProtection #TaxStrategy #PersonalDevelopment #EntrepreneurMindset #BusinessStrategy #MaximizePotential #FinancialPlanning #BusinessOptimization #StrategicReinvestment #ValueCreation #LongTermSuccessMentioned in this...
This conversation focuses on how a financial advisor's upbringing can influence client service, as well as how consumerism plays a key role in wealth disparities for Black Americans. UBS Financial Advisor, Harry LaRosiliere, shares insight into possible solutions for this issue. Host: Shiavon Chatman
Mike Stephen learns about efforts to bridge the wealth gap and to provide worker dignity at the local level from Julian Posada, President & CEO of LiftUp Chicago, and then discusses supporting the important work of local nonprofits with Jessica Nepomiachi, Director of Special Projects for the Real Estate Solutions Team at IFF.
The UK's income inequality has remained stable since the 1990s, but household wealth has nearly doubled, mainly driven by soaring house prices. This has widened the wealth gap between generations, with younger people less likely to own homes. Furthermore, weak income growth since the mid-2000s has disproportionately affected younger cohorts. This lecture unpacks these economic trends to reveal how they have created tensions between generations by exacerbating disparities in their respective living standards.This lecture was recorded by Mike Brewer on 18th February 2025 at Barnard's Inn Hall, London.Mike is Interim Chief Executive of the Resolution Foundation. He is also a Visiting Professor at the Department of Social Policy at the LSE. Between 2011 and 2020, he was a Professor of Economics at the University of Essex. He has also worked at the Institute for Fiscal Studies and HM Treasury. Mike is interested in all aspects of inequality in income and wealth, including the role of the labour market and the tax and benefit system. He also has a long background in using microsimulation methods. He is the author of a book, What Do We Know And What Should We Do About Inequality?, published by SAGE in 2019.The transcript of the lecture is available from the Gresham College website: https://www.gresham.ac.uk/watch-now/uks-generational-wealth-gapGresham College has offered free public lectures for over 400 years, thanks to the generosity of our supporters. There are currently over 2,500 lectures free to access. We believe that everyone should have the opportunity to learn from some of the greatest minds. To support Gresham's mission, please consider making a donation: https://www.gresham.ac.uk/get-involved/support-us/make-donation/donate-todayWebsite: https://gresham.ac.ukTwitter: https://twitter.com/greshamcollegeFacebook: https://facebook.com/greshamcollegeInstagram: https://instagram.com/greshamcollegeSupport Us: https://www.gresham.ac.uk/get-involved/support-us/make-donation/donate-todaySupport the show
Ja'Mal Green joins this week's episode to discuss how homeownership can create generational wealth and build communities. He also shares his successes in combating the racial wealth gap in America.Full Description / Show NotesJamal's career background and history Founding Generational Green and what they do thereThe importance of homeownership in communitiesHow to build generational wealth through homeownershipCreative ways to become a homeownerCommon myths about becoming a homeownerThe biggest barriers that exist when it comes to homeownershipHis movement against JP Morgan Chase BankThe role of lenders in homeownership
Why has so little progress been made on the wealth gap?
Why has so little progress been made on the wealth gap?
Welcome to the Alfalfa Podcast
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It’s probably unsurprising that homeowners are typically wealthier than renters. But a new report from the Aspen Institute shows how wide that gap is: $400,000 median net worth, compared to $10,400, respectively. How do renters catch up? Also in this episode: Older Americans move south to be near family, companies spend more on intellectual property, and a chocolatier in Maine preps for the holiday season.
It’s probably unsurprising that homeowners are typically wealthier than renters. But a new report from the Aspen Institute shows how wide that gap is: $400,000 median net worth, compared to $10,400, respectively. How do renters catch up? Also in this episode: Older Americans move south to be near family, companies spend more on intellectual property, and a chocolatier in Maine preps for the holiday season.
It’s probably unsurprising that homeowners are typically wealthier than renters. But a new report from the Aspen Institute shows how wide that gap is: $400,000 median net worth, compared to $10,400, respectively. How do renters catch up? Also in this episode: Older Americans move south to be near family, companies spend more on intellectual property, and a chocolatier in Maine preps for the holiday season.
Louise Story is here to discuss her new book, Fifteen Cents On The Dollar: How Americans Made the Black-White Wealth Gap. Plus Israel and Hezbollah fighting intensifies and Donald Trump gets us to ask ourselves "What if MLK were a swole bro?" Produced by Joel Patterson and Corey Wara Email us at thegist@mikepesca.com To advertise on the show, visit: https://advertisecast.com/TheGist Subscribe to The Gist Subscribe: https://subscribe.mikepesca.com/ Follow Mikes Substack at: Pesca Profundities | Mike Pesca | Substack https://prizepicks.onelink.me/LME0/GIST Learn more about your ad choices. Visit podcastchoices.com/adchoices