Pacific Standard July-August 2013 Cover

Where the Billionaires At?

money-stack

The Economist just posted a chart—as they do every day in a relevantly-named "Daily chart" feature—comparing cities with the world's most millionaires. The axes organize between cities with the most millionaires per thousand people and what percentage of the country's millionaires live in that city. Tokyo has the most millionaires, but Frankfurt, by far, has the most millionaires-per-thousand with 218. But what about billionaires? [Insert that Facebook quote.] The Economist also lists the cities by number of billionaires, and New York City comes out on top. USA! USA! USA! Here are ... Read More

Unequal or Unfair: Which Is Worse?

Occupy Wall Street protesters, in this case in Portland, Oregon. Was their greatest beef with inequality or with unfairness?

Inequality is a hot topic these days. Massive disparities in wealth and income have grown to eye-popping proportions, triggering numerous studies, books, and media commentaries that seek to explain the causes of inequality, why it's growing, and its consequences for society at large. Inequality triggers anger and frustration on the part of a shrinking middle class that sees the American Dream slipping from its grasp, and increasingly out of the reach of its children. But is it inequality per se that actually sticks in our craw? There will always be inequality among humans—due to ... Read More

The Evolution of Fairness

Drying fish

In the upper Fraser Canyon, about 250 kilometers northeast of Vancouver, a rocky gorge cuts its way through the interior plateau of British Columbia. Gordon Orians, professor emeritus of biology at the University of Washington, and I have come here to see evidence of the emergence of inequality in the archaeological record of fishing at a place called Keatley Creek. Gordon is my science adviser and co-producer on a multimedia project in which we're investigating the evolution of the human sense of fairness, from its biological roots among the earliest social living animals through its ... Read More