The progressive economist says Janet Yellen is adopting a more activist, interventionist stance as Fed chair, something he and other progressive economists had been advocating for some time.
There's no bad news on Social Security, and Medicare's outlook has improved. So how did the well-funded naysayers react to these positive developments? With fear, not wisdom.
The real story about income inequality is what progressive activists are doing about it, says the co-chair of the Congressional Progressive Caucus. The latest wave of action will confront "wage theft."
How does it feel to be the CEO of a “defector corporation”? Do such executives face the opprobrium of society as they enjoy the fruits of this land that has given them so much? So far, apparently not. But that may be changing.
Activists huddled over coffee to plot new ways of defeating metaphorical “snakes” while other attendees networked over drinks as they sought to climb career ladders.
Republicans are raising alarms about Social Security’s disability trust fund. But a staff member for one senator admits seeking to use the issue "to catalyze a broader discussion" about cutting Social Security benefits.
These agreements leave criminal bankers with no incentive to mend their ways. Here are seven reasons why the much-touted new deal isn’t everything it’s cracked up to be, especially for consumers.
This deal with Citigroup is being trumpeted as a major win for the American people. It’s not. The money’s not enough, the wrong people are paying, and there will be no prosecutions.
It was good to hear President Obama say that reining in Wall Street’s high-risk behavior is an “unfinished piece of business.” It would be even better if this observation were quickly followed by action.
Why is July 4 our Independence Day? Because independence begins with an insight, a realization so powerful that it allows us to achieve the seemingly impossible – like defeating an empire.
Some might say that these questions are disrespectful to believers. But it is the Supreme Court that has arguably transgressed here, by declaring that a bloodless corporation is capable of belief.
Sen. Elizabeth Warren went to Kentucky to campaign for Senate Democratic candidate Allison Grimes. Some smart people have clearly concluded that progressive economic populism is a winning strategy in the South.
Our country’s bias against women in the workplace isn’t just cultural. As is true elsewhere, evidence for it can be found in both policy choices and economic data.
This was the worst quarter for the GDP since the peak of the Great Recession. The American people might be forgiven for doubting the experts and leaders who should be counted on to make responsible decisions.
For months there have been rumors that the Social Security Administration has a “secret plan” to close all of its field offices. In a document prepared for Congress, the plan is no longer a rumor.
Medtronic is as American a company as they come. But if Medtronic’s management has its way, the company will soon become Irish. Why? Because everybody evades their taxes nowadays.
AFL-CIO President Richard Trumka characterizes his vision of a progressive and populist-oriented labor coalition, not as a modern innovation, but as a return to labor’s roots.
There are legitimate conclusions to be drawn from Cantor’s defeat. But there are also some insights to be gained from David Brat’s upset victory, especially for the left.
On "The Big Picture," a vision of a Federal Reserve that serves the interests of ordinary people and not just bankers, and a look at the latest shooting incident involving right-wing extremists.
Perhaps some of the passion President Obama says he feels for people struggling with student loan debt could be reserved for the alleged victims of student loan servicer Navient.
PBS (and its radio equivalent, NPR), while continuing to broadcast a great deal of fine programming, has increasingly come to reflect the agenda of “the one percent.” Is this why PBS spiked "Citizen Koch"?
The president has an opportunity to make the Fed more democratic, in a way that would be economically transformative and politically popular. It’s also what the law requires.
Earlier today we had a wide-ranging conversation with Sen. Sherrod Brown of Ohio about the fight to expand Social Security and the social safety net.
The Right wasted no time seizing the opportunity the Financial Times gave them to discredit Thomas Piketty's book on wealth inequality, but felt no responsibility to amend their words when new information came to light.
Economists Amir Sufi and Atif Mian in their latest book challenge many of the assumptions behind how elected officials responded to the 2008 recession. Sufi explains the crucial mistake policymakers made.
“We need more than just bumper sticker phrases,” Rev. William Barber II of the NAACP said at The New Populism Conference last week. It takes a vision – and a lot of hard work.
"The Pillow Book of Sei Shōnagon" is considered an invaluable record of a pampered and long-vanished Japanese imperial court. Someday we may look at former Treasury Secretary Tim Geithner's memoir "Stress Test" the same way.
Two economists make a convincing case that the 2009 recession wouldn't have been any more harmful than previous ones if financial decision-makers had rescued homeowners, rather than only concentrating on bankers.
The Democratic Party risks being sidelined from the debate being sparked by the New Populist uprising, paralyzed by the Sphinx-like silence of its presumptive 2016 nominee – and her husband's rhetorical war on populism.
Make no mistake about it: the public’s mood is distinctly populist. And much of that populist sentiment is directed toward the financial institutions that have so badly damaged our economy.
Instead of questioning the ambition of the New York City mayor's affordable-housing plan, we should be asking how we can justify calling ourselves an egalitarian society without many such programs.
Somehow the right has managed to stigmatize public-sector jobs so effectively that only politicians of rare and admirable courage are willing to defend them. Those politicians seems to be in short supply.
In the heyday of middle-class prosperity after World War II, it was understood that we all made "the game" together. Working people weren't the ones who broke that agreement.
In "Capital in the Twenty-First Century," Thomas Piketty has brilliantly and eloquently analyzed the crisis of inequality that threatens the global economy. The question now is, what do we do about it?
With the children of today’s baby boomers scheduled to inherit $30 trillion in the next several decades, politicians and the press are hard at work flattering plutocrats of all ages by portraying them as paragons of wisdom.
In this interview, Rep. Alan Grayson explains why Florida Gov. Rick Scott made the political decision that led to the death of Charlene Dill, and could lead to 7,000 unnecessary deaths in the next year.
If Citi and its peers hadn’t committed their fraud, America’s young people – along with millions of other Americans – wouldn’t need employment assistance today.
Your annual statement of earned Social Security benefits? Gone. Social Security field offices? Cut. Phone service? Slashed. All the evidence points to one conclusion: These cuts are motivated by ideology.
As a recent Pew study reported, millennial disaffection with the two-party system appears to be at record levels. But Sen. Rand Paul gravely misunderstands the nature of that political disaffection.
What one of the Koch brothers calls "character assassination" in a Wall Street Journal editorial, others would describe as a simple recounting of the facts. So let's turn the question over to an unimpeachable authority.