Month: June 2008

  • High Flyers and Soaring Inequality

    Private and corporate jet sales are taking off, reflecting an increase in the extreme concentration of wealth in the United States and around the world. Worldwide sales of private jets have more than doubled since 2003, to $19.4 billion in 2007. The number of jets sold increased 28 percent between 2006 and 2007 alone, and…