We should look at individuals—not national averages—as the unit of analysis, and ask: Are wages adequate for full-time workers?

Recipients have used the money to apply for better jobs, spend more time with their children, or save for better housing

Wage floors are still progressive, but can have unintended consequences

The next decade is likely to see higher prices and interest rates and a reversal of globalisation, but also a reduction in inequality and increased climate action, predicts one of the world's biggest banks.

The stakes couldn’t be higher.

Young Norwegians have enjoyed a 13% rise in disposable household income, bucking a downward trend in other strong economies. Will this golden age last?

In recent years, the concept of a universal basic income (UBI)—governments providing every single citizen with a cash transfer sufficient to ensure a minimum standard of living—has gained a diverse following in countries around the world. The concept is particularly popular among those concerned about the effects of technology and automation on employment. In fact, Y Combinator, a Silicon Valley start-up incubator, is currently funding a randomized, controlled trial of a UBI in two states.

Whether its proponents are cynical or simply naive, UBI is not the patch we need. A weekly handout doesn’t promote economic equality - or empowerment. By Douglas Rushkoff.

How do twenty-somethings handle low salaries and high rents? With the help of a generous allowance.

A President who invokes absolute authority to…pardon himself. An ambassador to Germany who declares he wants to…topple the German government. Senators — the most powerful people in democracy, save the President — knocking on the door of a “detainment center”, looking for kids separated from their parents, only to be denied by guards who…laugh at them contemptuously, call the police, and have them shooed away like nobodies.

The annual cost of child poverty comes to around $1 trillion. Meanwhile, every dollar spent reducing child poverty is estimated to yield $7 in the future.

For the past 40 years, the United States and other advanced economies have been pursuing a free-market agenda of low taxes, deregulation, and cuts to social programs. There can no longer be any doubt that this approach has failed spectacularly; the only question is what will – and should – come next.

As autonomous vehicles proliferate, insurers face lower premiums

Prime minister Jacinda Ardern has unveiled what is being called the world's first budget to prioritise wellbeing over economic activity

A new study finds that the social safety net leaves out the youngest workers.

What Democratic presidential candidates should have said in response to the question

The movement to increase the federal minimum wage is gaining steam. What are the benefits and costs?

Retailers predict rising prices if President Trump goes through with his threat to add new tariffs to Chinese imports. Meanwhile, the White House announced a deal to boost beef exports.

Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian

“Wealth work” is one of America’s fastest-growing industries. That’s not entirely a good thing.