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The “Bankization” of America

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...

Why Can't Democracy Trump Inequality?

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...

The Land(scape) of Opportunity

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...
Every New Job Helps Our Economy

Every New Job Helps Our Economy

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,...

Republicans Flinch Again

The House Republican leadership, clearly desperate to avoid presiding over a government shutdown, floated a trial balloon to two conservative journalists suggesting a new plan to defund ObamaCare. Since threatening shutdown over defunding ObamaCare is, per the...

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