economic inequality

Joey Flechas / Miami Herald

Eugene Johnson purchased two loaves of bread and batteries for his flashlight. Those are his supplies in preparation for Hurricane Irma.

“I’m on fixed income,” said Johnson. “This hit me out of the blue. I had to pay my rent, my electricity bill and stuff like that.”

In his kitchen cabinet he already had a few cans of tuna and he plans to boils some eggs.

Johnson, 65, lives in an affordable housing complex in Miami and, like many of his neighbors who are also on fixed or limited income, he doesn’t own a car.

Windsor Johnson / NPR

Climate change is going to cause disproportionate economic harm to parts of the United States that are already pretty hot, according to a study published in the journal Science.

The study by scientists and economists from the Climate Impact Lab suggests rising temperatures could increase a national income gap.

President-elect Donald Trump is adding another billionaire to the top ranks of his administration.

Trump plans to nominate a wealthy financial executive, Vincent Viola, to be secretary of the Army. Viola would be at least the fourth Trump nominee with a net worth in the billions. And that's not counting Trump's own 10-figure fortune.

Florida ranks fifth for income inequality in the country, according to a study recently published by the Economic Policy Institute.

It looks at the gap between what the top 1 percent and what the bottom 99 percent make nationwide.

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Ernest Bellamy is an architectural designer and native Miamian. At 32-years-old, he decided to go back to school to get his master's degree, but decided that even with a full ride to the University of Miami opportunities looked better outside of Miami.

He is one of the many individuals who have been affected by the prosperity gap that has grown in Miami-Dade County since 2000. That’s the overarching finding of a study we reported on when it came out from the Florida International University Metropolitan Center.

Creative Commons

A new study from the University of Toronto's Martin Prosperity Institute ranks South Florida in the top 10 percent most segregated metro areas in the United States.

“Segregated Cities” ranks the degree to which 359 metro areas nationwide are segregated by income, education achievement, type of occupation and overall segregation. South Florida is 39th in the study's overall evaluation.

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01/13/15 - This hour on Topical Currents we feature CNBC Wall Street correspondent Kate Kelly, who’ll discuss the realm of financial commodity traders.  Those who survive in the cut-throat environment of commodities tend to be smart, aggressive and egomaniacal individuals.  They often flaunt their wealth and operate on gut instinct. Kate Kelly has written, The Secret Club That Runs The World:  Inside The Fraternity Of Commodity Traders. Most shun the media.  They aren’t like Warren Buffet or George Soros. When markets expand—such as the growth of India and China—so do prices for raw materials.  Commodity traders are in the thick of this. Tuesday at 1pm on Topical Currents.

Brown University via www.brown.edu

08/05/13 - Monday’s Topical Currents is with Brown University Professor Mark Blyth.  He contends that conservatives in both Europe and the US have succeeded in casting government spending as reckless wastefulness that has worsened economies. He says the problem has been a result of bailing out, recapitalizing and adding liquidity to broken banking systems with

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08/07/12 - Tuesday's Topical Currents looks at the rivalry between big business and government. It’s a historical struggle between public and private power.  We’ll speak with David Rothkopf  about his book, POWER, INC.The Epic Rivalary Between Big Business and Government – And the Reckoning That Lies Ahead.