by Lynne Stuart Parramore | May 15, 2014 | Economy
The good, the bad, and the downright crazy in economic trends.... 1. America lags behind much of the world on minimum wage. On May 18, the Swiss will vote on a proposed minimum wage of — are you listening American CEOs? — nearly $25 per hour. That would be, oh, about...
by Kenneth Quinnell | May 12, 2014 | Economy
In his new book, The Divide: American Injustice in the Age of the Wealth Gap, Matt Taibbi takes a look at the growing problem of inequality in the justice system. Taibbi shows, through many examples, that the way justice works in the United States is divided pretty...
by Joshua Holland | May 12, 2014 | Economy, Progressive Vision
It’s become a political cliché that “red” and “blue” states represent two Americas. But consider how states prioritize programs like health care and education — or how they administer their social safety nets — and the differences are very real. Federal policies help...
by Richard Eskow | May 9, 2014 | Blog, Economy
Sixty years after the Supreme Court ruled in favor of school integration, a review by the Economic Policy Institute (EPI) found that “Schools remain segregated today because neighborhoods in which they are located are segregated.” EPI’s Richard Rothstein found that...
by Richard Eskow | May 5, 2014 | Blog, Economy
His racism got all the headlines, but there was something to be learned from Donald Sterling’s other words. So, before the spotlight turns elsewhere and Sterling crawls back into well-deserved obscurity, it’s worth considering his usefulness as a representative sample...
by Lynne Stuart Parramore | May 2, 2014 | Economy
From her work on bankruptcy laws and her books on America's squeezed middle class, to her role as TARP watchdog and creator of the Consumer Financial Protection Bureau, to her latest turn as U.S. senator, Elizabeth Warren has set herself firmly on the side of...