Press accounts about ‘lower than previously believed’ corporate earnings have painted a misleading picture. Corporate profits remain at high levels. And taxes on these corporate profits are running lower than...
If two words can capture the extraordinary redistribution of wealth from workers to the wealthy over the past forty years, the flagrant shamelessness of contemporary conspicuous consumption, the privatization of...
In today's anything-goes political fundraising world, the nation’s super rich and their favored politicos are no longer even going through the motions of maintaining 'separate and independent' campaigns. By Sam...
The headlines this summer are full of gloom and doom about the upcoming 2012-2013 school year. Schools are closing. Teachers are being laid off. State and local governments are cutting...
The movers and shakers of scandal-ridden Wall Street are busy scapegoating a 'few rotten apples' — and hoping the rest of us don't notice they're still holding billions in ill-gotten...
For decades academia has been something of a haven from rising inequality. Yes, there are star professors with fat paychecks and union-busting university presidents. Grants often go to those who...
Using 1968 as our benchmark for the minimum wage implies that low-wage Americans today should be making just as much as low-wage Americans were making 44 years ago.
Our official wealth stats vastly understate the actual extent of current inequality, says a landmark new study on global tax havens. Are America’s rich getting richer? They’re certainly making much...
A new report from the Pew Economic Mobility Project has some observers celebrating how well Americans are doing compared to their parents. But the report's figures, upon closer inspection, give...
