Where Has All the Growth Gone?
We all know that the recession has hit families hard, but even mainstream newspapers and magazines have finally caught onto the fact that American household incomes have been stagnant for...
Articles
The Tiny Tax that Terrifies Wall Street
Robin Hood would not be happy if he happened upon our incredibly top-heavy modern world. But the new campaign to levy a tax on speculative trading would most likely have...
Have the Global Wealthy Become Less Wealthy?
Millionaires ended 2011, says a new report from two major global financial institutions, with a smaller net worth than when the year started. “The rich got poorer in 2011.” So...
How Austerity Will Make Greece Cool Again
In the wake of the Greek elections the new Greek government has reaffirmed its commitment to the austerity plan that got the old Greek government thrown out of office. While...
Magic Act: Making the Super Rich Disappear
The Federal Reserve has once again counted up America's personal wealth — and omitted the nation's 400 richest from the final tally. But the new figures, even with that omission,...
Our Top 400: A Little Historical Perspective
All those millions that America's billionaires are pouring into super PACs, where do they come from? We can trace a huge chunk of that political cash to the truly massive...
Financial Professionals Support Transaction Tax
More than 50 financial industry experts endorsed a letter calling for a tax to rein in Wall Street speculation
The Fundamental Problem in the Eurozone
The fundamental problem in the eurozone is not the Greek debt crisis. It's not the undercapitalization of Spanish banks. It's not the weakness of the Dutch and Italian governments or...
Behind Super-Sized Sodas, a Deeper Danger
Sugary soft drinks, as Michael Bloomberg reminds us, do our nation no good. But if we really want to narrow our waistbands, we’re going to have to narrow the income...
No Child Left Behind — In Finland
As graduation season approaches in America, keynote speakers across the land will be holding forth on how education is the key to the future. Forget the fact that this year's...
The Greek Crisis: One Question, Four Answers
The debt crisis in Greece has any number of solutions. One has the rich of Greece all agog with fond expectations. By Salvatore Babones The big debate in Europe today...
The Most Surprising ‘Nay on Pay’ Yet
A perfectly respectable business panel is urging corporate boards to ditch the ridiculous rationalizations for CEO pay excess and narrow the gargantuan corporate pay gap. Step one: end CEO stock...