by Sam Pizzigati | Aug 25, 2013 | Blog
Back in Al Capone’s day, Prohibition helped give rise to a rash of epic crime-boss fortunes. In our day, deregulation has spawned on Wall Street an entire new generation of fabulously rich racketeers. What crimes did Al Capone, the notorious 1920s crime boss, have his...
by Dean Baker | Aug 22, 2013 | Blog
On Wednesday the Associated Press fielded its entry in the classics in bad reporting on economic policy contest: a profile it did of David Walker, the former head of the Government Accountability Office and also former president of the Peter G. Peterson Foundation....
by Richard Eskow | Aug 22, 2013 | Blog
The share of our national income which goes to corporate profit is the highest it’s been since they started tracking it in 1929, while the share going to people – as salary and wages – is the lowest. And the percentage of that corporate profit which goes to Wall...
by Sam Pizzigati | Aug 21, 2013 | Blog
Fifty years ago, average Americans lived in a society that had been growing — and had become — much more equal. In 1963, of every $100 in personal income, less than $10 went to the nation’s richest 1 percent. Americans today live in a land much more unequal. The...
by Alan Jenkins | Aug 21, 2013 | Blog
It’s the rare occasion when a significant social challenge is raised up in rigorous economic research and almost instantly answered by a creative and dynamic public policy response. Yet, in broad strokes, that’s what’s happening on a critical question of equal...
by Dave Johnson | Aug 20, 2013 | Blog
Every new job helps the economy. Because every new job is another person shopping at local stores. And every few new jobs mean the stores are hiring, too. Every new job is another person not trying to take your job. So let’s hire people to fix our roads and bridges,...
