Economy

Danielle Paquette at Wonkblog reported on a new study about income trends across individual lifecycles. The findings confirm the basic point that income rank does not differ much across the lifecycle (a person whose income puts them in the 30th percentile of 30-year-olds at age 30 is likely to...
02/11/2015
Blog
Our new report, The Money Chase, shows just how difficult Congressional fundraising has become, and how public financing could help change the landscape for grassroots candidates.  Read the full report here.
02/10/2015
Data Byte
Recently, I've been writing about the child benefit policies in Finland to comment about US news events related to child tax benefits. I pick Finland for these discussions because, depending on the year, it has the lowest or nearly the lowest relative child poverty rate in the world. Its social...
02/10/2015
Blog
Will Wilkinson has a piece at The Economist where he riffs on a story Nick Kristof told about a disabled friend of his who died relatively young, his financial hardship being a likely contributor to that death. In his piece, Wilkinson uses the case of disability benefits to claim that...
02/04/2015
Blog
Just 8 months ago, McDonald’s shareholders awarded Don Thompson with nearly $8 million in incentive pay for his performance as CEO—that’s compensation in addition to a base salary and benefits that topped $1.5 million. But when the company announced his resignation yesterday after less than 3 years...
01/29/2015
Blog
Regulatory policies are expected to play a significant part in the agenda of the new Congress. Congressional leaders have indicated in particular that they will be holding hearings on EPA regulations that would affect the operation of coal fired power plants, and on aspects of the...
01/07/2015
Blog
As regular readers know by now, social mobility in the US is largely a myth perpetuated for political legitimation. In reality, we live in a self-perpetuating class system where the children of the rich mostly go on to rule over the children of the poor. This is evident in the education trends (...
12/28/2014
Blog
Walmart is under scrutiny after claims that their political action committee is using illegal methods to persuade employees to donate to its PAC. The complaint, filed with the FEC, alleges that Walmart is breaking federal election law by matching employee donations to Walmart's PAC with a...
12/16/2014
Blog
In a speech on the Senate floor on Saturday, Senator Elizabeth Warren called out to the toxic connection between money in politics and financial crisis. Demos' report Stacked Deck found similarly: a rising tide of big money has tilted economic policymaking in favor of the elite. Last week...
12/15/2014
Blog
Once again, maybe for the last time, Senator Carl Levin and the Permanent Subcommittee on Investigation has demonstrated how government, and the legislative branch in particular, can work in the public’s interest regardless of partisanship. Yesterday’s hearing laid out a complex system of price...
11/21/2014
Blog
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