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dylan huber

Relation between income inequality and mortality in Canada and in the United States: cr... - 0 views

  • Canadian provinces and metropolitan areas generally had both lower income inequality and lower mortality than US states and metropolitan areas
  • 1% increase in the share of income to the poorer half of households would reduce mortality by 21 deaths per 100000.
  • income inequality was not significantly associated with mortality.
  • ...2 more annotations...
  • Canada seems to counter the increasingly noted association at the societal level between income inequality and mortality.
  • no relation within Canada at either the province or metropolitan area level
dylan huber

Canada discovers trickle-up economics - 0 views

  • there’s been a massive transfer of income and wealth from Canada’s middle and lower class to the rich.
  • some degree of inequality is inevitable and even desirable (allowing bigger rewards for those making bigger contributions), the level of inequality that exists today in the Anglo-American countries — the United States, Britain and Canada — is extreme
  • virtually all the income growth in the last 30 years has gone to the top.
  • ...5 more annotations...
  • less equal societies almost always have more violence, more disease, more mental health problems, higher infant mortality rates, reduced life expectancies, as well as less social cohesion.
  • average CEO was making about 25 times the average worker in the late 1970s, today’s average CEO makes roughly 250 times the average worker.
  • evidence linking extreme inequality with serious economic problems. The level of inequality reached in 2008 was virtually identical to that of 1929, suggesting that large concentrations of wealth at the top create a dynamic leading to reckless financial speculation and Wall Street crashes
  • people in less equal societies have reduced social mobility.
  • the top-earning 1 per cent of Canadians almost doubled their share of national income, from 7.7 per cent to 13.8 per cent, over the past three decades.
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