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Enormous, Humongous $40.8B September Trade Deficit

The U.S. Census Bureau reported Wednesday that the September goods and services trade deficit was an enormous, humongous $40.8 billion. This is down 15 percent from August's enormous, humongous $40.8 (revised) billion trade deficit, (which was up 15.6 percent from...

The Rigging of the American Market

Much of the national debate about widening inequality focuses on whether and how much to tax the rich and redistribute their income downward. But this debate ignores the upward redistributions going on every day, from the rest of us to the rich. These redistributions...

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