An income gap of thousands of dollars per year makes a big difference for living standards and quality of life.
Analysis of Changes in Median Employment Income in Large Canadian and American Metropolitan Areas, 2010–2019
When government gives some people the right to take things from other people, the powerful often do the taking.
Progressive economists sought to exclude “unfit” workers—mostly women and minorities—from the labour market.
At the end of 2019, household net worth in Canada stood at $11,876 billion compared to $622 billion for corporations.
Of the top 100 CEOs in Canada in 2007, five years later only 32 remained in the top 100.
Government debt redistributes resources from the entire population to the wealthy holders of the debt.
On the planet as a whole, inequality has fallen dramatically.
Many households, especially those at the bottom of the income distribution, receive government transfer payments.