by Sam Pizzigati | Apr 28, 2014 | Blog, Jobs and Growth, Minimum Wage
A good many Americans now know the high-finance games that JPMorgan Chase and other big banks like to play — at our expense. And big oil giants like ExxonMobil have been outraging Americans for years. But plenty of other corporate giants that inflate our inequality...
by Sam Pizzigati | Apr 23, 2014 | Blog
The sky, we all learn as children, is not falling — and never falls. Only silly Chicken Littles prattle about “precipitous collapses.” Only silly Chicken Littles, apparently, and applied mathematicians. One of those mathematicians, the University of Maryland’s Safa...
by Sam Pizzigati | Apr 7, 2014 | Blog, Economy
Detroit Tigers infielder Miguel Cabrera may or may not turn out to be, by the time he retires, the best hitter in baseball history. But Cabrera already holds a historic distinction. Last month, just before baseball’s 2014 opening day, the 31-year-old slugger became...
by Sam Pizzigati | Mar 24, 2014 | Economy
Let us pause now to pay our respects to Bunny Mellon. She died last week on her 4,000-acre farm in Virginia’s fabled horse country. But no tears, please. Bunny — nobody called her by her given name Rachel — lived a long and rich life. Very long. Very rich. One hundred...
by Sam Pizzigati | Mar 17, 2014 | Blog
New York has a new mayor who wants to remake his deeply unequal city into much more than a playground for the super rich. The experts who track global wealth trends don’t think he’s going to succeed. A new report from Knight Frank, a global property consultancy firm,...