“The U.S. worked hard to create the American dream of opportunity. But today, that dream is a myth.” Economist Joseph Stiglitz, Financial Times If you follow the financial news, you already know that the American people are on an epic downer. Just check out some of these headlines I pulled up in a five minute Internet search and you’ll see what I mean: “Gloom and doom? Americans more pessimistic... 

In the Brazilian city of Sao Paulo, thousands of people have demonstrated against corruption and income inequality in the country. During the protests on Friday, demonstrators called for reshuffling of the country’s political and economic system. Protests were also held in several other cities including Rio de Janeiro. Angry protesters looted a major bank and national media giant Globo TV headquarters,... 

America, The Land of Opportunity? Not Anymore... Is America the “land of opportunity”? Not so much. A new report from the Organization for Economic Co-Operation and Development (OECD) finds that social mobility between generations is dramatically lower in the U.S. than in many other developed countries. So if you want your children to climb the socioeconomic ladder higher than you did,...