by Sam Pizzigati | Sep 20, 2009 | Blog, Economy
Hard times, a rash of new media reports now assures us, are significantly narrowing the gap between the rich and everybody else. So why are so many super rich still smiling? Job worries have you down? Bills piling up? Nothing left in your retirement stash? You need a...
by Sam Pizzigati | Sep 13, 2009 | Blog
All the big banks in the Netherlands, pressed on by the Dutch finance minister, have agreed on a serious plan to restrain banker bonuses. And now the Dutch want the rest of the world to sign on. Remember that fabled Dutch boy who stuck his finger in a dike and saved...
by Sam Pizzigati | Sep 2, 2009 | Blog
Top execs in high finance, says the Institute for Policy Studies, have turned hard times — for the American people — into a springboard for still another round of huge pay windfalls. Is the CEO pay bubble now beyond popping? Researchers at the Institute for Policy...
by Sam Pizzigati | Aug 23, 2009 | Blog, Minimum Wage
Across the pond, in the UK, the idea of capping income is suddenly starting to make a respectable splash. The Great Depression gave us the minimum wage. Might we now see a “maximum wage,” thanks to the Great Recession? That prospect now seems to have...
by Sam Pizzigati | Aug 16, 2009 | Blog
In 2007, the year before the Great Recession began, America's awesomely affluent partied — as never before. The evidence? We look at the year's freshly crunched income numbers. Emmanuel Saez, the Berkeley economist who many now consider the world’s top...
