by Richard Eskow | Jul 28, 2013 | Federal Reserve Chair, Financial Reform
It’s a real-life disaster movie, one that’s left neighborhoods in ruins all across the country, killed thousands of people, and ruined millions of lives. You might call it a “Banknado.” Yes, we know the “Sharknado” craze ended about ten days ago. The sci-fi movie’s...
by Richard Eskow | Jul 25, 2013 | Federal Reserve Chair, Financial Reform
Whoever said, “What you don’t know can’t hurt you” doesn’t know much about economics. That goes double for the nomination of Lawrence Summers to head the Federal Reserve. For all the ink that's been spilled on the topic, there’s at least one surprise ending people...
by Robert Borosage | Jul 25, 2013 | The Jobs Challenge
In a speech delivered at Knox College in Illinois, President Obama launched his final campaign: a campaign to revive the American Dream. The speech, less eloquent and windier than the best of Obama, told Americans a clear story, and called on them to support a clear...
by Martha Burk | Jul 24, 2013 | Minimum Wage
As of today, it's been four years since the last increase in the federal minimum wage, to $7.25 per hour, or $15,000 per year for full-time work. In the lead-up to this anniversary, CEPR has released four blog posts with infographics that illustrate many different...
by Dave Johnson | Jul 24, 2013 | Federal Reserve Chair, Financial Reform
Larry Summers for the Fed? Seriously? There are better choices for Federal Reserve chair; in particular, Janet Yellen is more than qualified and would do a great job. Ezra Klein writes in, "Right now, Larry Summers is the front-runner for Fed chair," "The word among...
by Isaiah J. Poole | Jul 24, 2013 | Federal Reserve Chair, Financial Reform
Sheila Bair, the former chair of the Federal Deposit Insurance Corporation and one of the few insider voices of sanity in the midst of the 2008 financial crisis, made the case for Federal Reserve vice chair Janet Yellen to replace Ben Bernanke as Fed chair when his...
