Rising inequality is one of the hottest topics up for debate, especially following the success of French economist Thomas Piketty's book "Capital in the 21st Century." The OECD is out with a new report on rising income inequality. The key finding that stands out, is that the risk of poverty has shifted from the elderly, those over the age of 65, to young adults, those between the ages of 18 and 25. Here are the key takeaways from the report: The 18-25 cohort saw the biggest loss of income once t...
The Global Inequality Calamity Is Slamming Young People Harder Than Old People
Business Insider - 19 Jun 2014 17:58
Rising inequality is one of the hottest topics up for debate, especially following the success of French economist Thomas Piketty's book "Capital in the 21st Century." The OECD is out with a new report on rising income inequality. The key finding that stands out, is that the risk of poverty has shifted from the elderly, those over the age of 65, to young adults, those between the ages of 18 and 25. Here are the key takeaways from the report: The 18-25 cohort saw the biggest loss of income once t...
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