For our democracy to thrive, the freedom to vote must be fiercely protected for all citizens, regardless of class or privilege. The right to vote provides the foundation that makes all other rights possible. Yet, much work needs to be done to be sure our election system works for all Americans....
Every day, Americans benefit from public structures that contribute to our quality of life. When we walk into a clean, well-maintained post office; drive on federal highways; send our kids to school knowing they’ll get a hot lunch; or call the Social Security benefits office with a question, we see...
INTRODUCTION For our democracy to thrive, the freedom to vote must be fiercely protected for all citizens, regardless of class or privilege. Our representative form of democracy only works as intended when all citizens, across the social and economic spectrum, are able to participate and have...
Connecticut has offered a voluntary public financing system for state-wide constitutional and General Assembly offices since 2008. Through financing from the Citizens' Election Fund, candidates that obtain the required number of small donations can receive a lump sum to fund their campaign. The...
Young adults are in a critical period of change and choices, as they confront the decisions that will pave the way to their futures. But the generation coming into its own in the aftermath of the Great Recession faces challenges that threaten to undermine even the best laid plans. Demos...
Executive Summary The conventional wisdom about Social Security is profoundly misguided. According to today’s mistaken consensus, the U.S. as a society cannot afford to allocate the money to pay for the present level of Social Security benefits for retirees in future generations. The solution, it...
On March 15, 2013, the Senate’s Permanent Subcommittee on Investigations held hearings on the London Whale scandal. The indomitable and indefatigable Chairman Carl Levin, ably supported by the brilliant committee chief of staff, Elise Bean, took on six JP Morgan Chase (“JPMC”) current and former...
This is the second of a series of articles, entitled “The Financial Pipeline Series”, examining the underlying validity of the assertion that regulation of the financial markets reduces their efficiency. These articles assert that the value of the financial markets is often mis-measured. The...
Today, it is common for employers to look at job applicants’ personal credit history before making a hiring decision. According to a survey of human resources professionals, nearly half of employers check an employee’s credit history when hiring for some or all positions The practice is hardly...
Stacked Deck: How the Dominance of Politics by the Affluent & Business Undermines Economic Mobility in America
This paper offers an overview of the interplay between declining upward mobility and growing political inequality.