Economy
7 Mindblowing Economic Trends You Need to Know About
Which country is considering a $25 minimum wage? How popular is American capitalism these days? Which country's millionaires want to be taxed? Here's the good, the bad, and the downright crazy in economic trends.
9 Stories of Injustice from Matt Taibbi's New Book, 'The Divide'
In his new book, Matt Taibbi shows that the way justice works in the United States is divided pretty starkly between the wealthy and successful (and mostly white) and the rest of the country.
How Clinton’s Welfare “Reform” Created a System Rife With Racial Biases
It’s 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.
Bill de Blasio Knows: Affordable Housing is a Civil Right
Instead of questioning the ambition of the New York City mayor's affordable-housing plan, we should be asking how we can justify calling ourselves an egalitarian society without many such programs.
"Who Makes the Game?" Donald Sterling Asked the Right Question, Anyway.
In the heyday of middle-class prosperity after World War II, it was understood that we all made "the game" together. Working people weren't the ones who broke that agreement.
Elizabeth Warren On Her New Book, Piketty the Disappearing Middle Class
From her work on bankruptcy laws 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 hard-working Americans.
What Problem Is Privatizing Fannie and Freddie Meant to Solve?
President Obama's chief economist, Jason Furman, weighed in behind efforts to privatize Fannie Mae and Freddie Mac last week. Fannie and Freddie are doing their job just fine. Why is there any need to overhaul the system?
Lucky to Be Alive on Workers Memorial Day
Sometimes, corporations place profit above human safety. As a result, workers lose lives and limbs. Cooper Tire announced it will spend $970,000 to improve safety. That’s good. But it comes too late for the two workers who are now amputees.
How To Curb Outrageous CEO Salaries
Since the 1980s, CEO salaries have skyrocketed from 30 to 280 times what typical workers earn. There’s no easy answer for reversing this trend, but a bill introduced in the California legislature creates the right incentives.
Corporate Tax Breaks: How Congress Rigs the Rules
The House is poised to rig the rules once more to benefit global corporations. This is business as usual in Washington – and it will be until voters decide that they've had enough.
