Clipping America’s Hedge Funds

Getting the names and faces of hedge fund billionaires before the public can help us tell a vivid story of what’s gone wrong with our economy and our politics — and help us build a movement to slice away at that billionaire power.
Stephen Lerner
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What Is “Economic Freedom,” And Who Is It For?

The Heritage Foundation has released its annual “Index of Economic Freedom.” As we enter an election influenced by anger at an economy rigged in favor of the wealthy, it’s time to ask: What is “economic freedom," and who is it for?
Terrance Heath
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Buying A Ticket Out of The Powerball Economy

The record $1.5 billion jackpot has been won, and Powerball mania has died down for now, but Americans are still stuck with a Powerball economy powered by the “lottery mentality.”
Terrance Heath

Who Lost the White Working Class?

Democrats could still win back the white working class -- putting together a huge coalition of the working class and poor, of whites, blacks, and Latinos, of everyone who has been shafted by the shift in wealth and power to the top.

Millennials in Poll Fake Right, Go Left

In a poll of people between the ages of 18-29, more identified as conservative on economic policy issues than liberal. But in several areas, majorities sided more with progressives.
Isaiah J. Poole

Why Sanders’ Economic Plan Is Best For The 99 Percent

Bernie Sanders offers the best economic plan for the middle class. And he has shown that he is willing to challenge the Republican Party’s rhetoric, rather than offer a pale reflection of it.
Roger Hickey

The Economy in 2016: On the Edge of Recession

Economic forecasters exist to make astrologers look good, but I expect the U.S. economy to sputter in 2016. That’s because the economy faces a deep structural problem: not enough demand for goods and services it's capable of producing.

Of Rotten Apples and Rotten Systems

Martin Shkreli, the former hedge-fund manager turned pharmaceutical CEO who was arrested last week, has been described as a sociopath. In reality, he’s a brasher version of what others in finance and corporate suites do all the time.

With Latest Budget Deal, More Failure By Design

Government spending is not out of control. It's the negative effects of not spending what we should that are threatening to spiral out of control. For conservatives, there is evil genius in all this.
Isaiah J. Poole

The Revolt of the Anxious Class

The great American middle class has become an anxious class – and it’s in revolt. Before I explain how that revolt is playing out, you need to understand the sources of the anxiety.

What to Do About Disloyal Corporations

If Pfizer or any other American corporation wants to leave America to avoid U.S. taxes, that’s their business. But they should no longer get any of the benefits of American citizenship – because they’ve stopped paying for them.

Have We Hit Peak Inequality?

The very wealthiest 400 Americans command dizzying fortunes. Their combined net worth is $2.34 trillion. Even if you celebrate successful entrepreneurship, isn’t there a point things go too far?
Chuck Collins

Message to Janet Yellen: Focus The Fed On Full Employment

Before Federal Reserve chair Janet Yellen makes a Capitol Hill appearance, progressives told Congress that a Fed move to raise interest rates now would devastate communities hit hardest by the Great Recession.
Terrance Heath

So Much For Conservative Deficit Scare Talk

Republicans in Congress and the corporate-funded conservative echo chamber are temporarily pausing from scaring people with "deficit" propaganda and quietly passing a bunch of tax cuts for special interests.

Not-So-Fun Facts About Income Inequality

The latest Institute for Policy Studies report on the Forbes 400 and the rest of us underscores why we urgently need "policies that directly address the top-heavy distribution of wealth."
Isaiah J. Poole

Welfare Reform’s Broken Promises Exposed Again

One of the remarkably few efforts to examine how welfare recipients actually fare once they get back into the workforce uncovers the inconvenient truth behind right-wing rhetoric about aid to low-income people.
Isaiah J. Poole

An Economy That Works For Everyone Starts With Women

The good news is that the gender pay gap has closed a little. The bad news is it's not because women's wages are up, but men's wages are down. A new EPI report points the way to an economy that works for all, starting with women.
Terrance Heath

This Postal Banking Petition Is Important

Traditional banks have abandoned communities, leaving people stranded. Postal banking serves the public, not Wall Street. We could have postal banking right now, if enough of the public speaks up and demands it.

The TPP: Another Deadly Trade Deal

It was cruel enough that America countenanced trade deals that cost millions of U.S. manufacturing workers their source of income. But now that it’s clear that bad trade schemes also cost workers their lives, the TPP must be stopped.
Leo Gerard

What the Steve Jobs Movie Won’t Tell You About Apple’s Success

Everything you can do with an iPhone was government-funded. From the Internet that lets you surf the Web, to GPS that lets you use Google Maps, to touchscreen display and even the SIRI voice activated system — all were funded by Uncle Sam.
Lynne Stuart Parramore

The Morality of a $15 Minimum

Maybe some jobs are worth risking if a strong moral case can be made for a $15 minimum. That moral case is that no one should be working full time and still remain in poverty. People who work full time are fulfilling their most basic soci

Will Keynes Win The Canadian Election?

Canada's Liberal Party, after losing the prime ministership and being relegated to third party status, is on the cusp of regaining control of the government Monday. If so, it has John Maynard Keynes to thank.
Bill Scher

A Perfect Portrait of Corporate Crime

Volkswagen has long been known for strict, top-down decision making, with even minor matters requiring the OK of its governing officials. The company’s premeditated, systemic betrayal of consumer trust is no small thing
Jim Hightower

More Free Stuff for Corporations

Some rich guys and GOPers actually contend that government should take the taxes paid by workers and give that money to corporations to improve worker wages and working conditions.
Leo Gerard

First They Came For The Ex-Im Bank…

Republicans don’t believe that the American government should do things that make the American people’s lives better, so now they are threatening to shut down the whole government. Again.
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