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Business Latest: Inequality isn't the problem

One of the hottest buzz-phrases from Washington to Davos is “inequality,”but inequality is not only not the problem – it shouldn’t even be the goal.
A waiter pulls back a curtain during World Economic Forum in Davos
A waiter pulls back a curtain during the annual meeting of the World Economic Forum (WEF) in Davos January 23, 2014.

INEQUALITY ISN’T THE PROBLEM: One of the hottest buzz-phrases from Washington to Davos is “inequality,” or more specifically “income inequality.” But guess what?  Inequality is not only not the problem – it shouldn’t even be the goal. Read more

IS YOUR JOB KILLING YOU? THE QUESTION IS DEADLY SERIOUS: Virtual overwork is just the most obvious representation of a larger trend. Americans, for example, now toil for eight-and-a-half hours a week more than they did in 1979. This phenomenon has sometimes been called “the Great Speed- Up,” as workers simply can’t seem to jump off the digital rat-wheel. Read more

IRAN EYES ‘CONSTRUCTIVE ENGAGEMENT’: Iran wants "constructive engagement with the world"—excluding Israel, its President Hassan Rouhani told global leaders gathered at the World Economic Forum in Davos. Read more

US STOCKS FINISH WITH STEEP LOSSES ON CHINA GROWTH WORRIES: Read more