by Richard Eskow | Aug 27, 2014 | Blog, Health, Tax Reform
Our economy is broken. There’s one economy for the wealthy, and another for the rest of us. This division has been worsened by the behavior of corporate executives who manage their corporations for short-term personal gain rather than for long-term fiscal soundness....
by Richard Eskow | Aug 26, 2014 | Economy
There was great economic news on Monday – for somebody. Monday morning the stock market passed another historic milestone, as the S&P 500 composite index briefly passed the 2,000 mark before ending the day on a record-breaking high. That barrier had symbolic value...
by Richard Eskow | Aug 21, 2014 | Blog, Jobs and Growth
“This is an economic revolution,” a new online video says about automation. The premise of "Humans Need Not Apply" is that human work will soon be all but obsolete. “You may think we've been here before, but we haven't,” says CGP Grey, the video’s creator. “This time...
by Richard Eskow | Aug 18, 2014 | Blog
The transfer of used military equipment from the armed forces to police departments around the country has been accompanied, at least to a certain extent, by a shift in public thinking. The news media have played a critical part in that shift, both in its coverage and...
by Richard Eskow | Aug 14, 2014 | Blog
If nothing else, William D. Cohan’s recent Nation article about JPMorgan Chase’s $13 billion settlement should confirm the public’s darkest suspicions about that institution and its CEO. It was only logical to assume that the bank wouldn’t have agreed to what was then...