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Just three days before Kevyn Orr, the Emergency Manger appointed by Michigan Governor Snyder to run the fiscally strapped City, filed the largest municipal bankruptcy case in history, he signed a Forbearance Agreement with UBS and Bank of America/Merrill Lynch establishing a process to settle

Over the past four decades, business leaders have adroitly used that great American right, freedom of association, to advance their interests. They have banded together through groups like the U.S. Chamber of Commerce, the National Federal of Independent Businesses, and the Business Roundtable to

Monday is the national holiday honoring Martin Luther King Jr., and Tuesday marks the fourth anniversary of Citizens United, the case that dramatically widened the flood of big money in elections. Their confluence is opportune, for while each seems to invite reflection on a different core social

As we wait for the Supreme Court to rule on McCutcheon v. FEC, which would strike down aggregate campaign contribution limits, a series of stories have come out highlighting how much damage money is doing to our democracy and our economy. In short: a lot.

Eugenio Proto and Aldo Rustichini have written a new column for VOX in which they argue that once GDP per capita reaches a certain level, it actually begins to correlate with lower life satisfaction.

U.S. Bankruptcy Judge Steven Rhodes rejected a proposal by Detroit’s Emergency Manager Kevyn Orr to pay off a complex financial deal that was originated in 2005 and turned catastrophic for the city during the recession.

If you ask Cato's Michael Tanner, inequality is a non-issue for a bunch of reasons, including because it has nothing to do with unfairness. Tanner writes: most wealthy Americans earned their wealth through talent and hard work. Roughly 80 percent of millionaires in America are the first generation

Here’s some welcome news. At his meeting with Democratic Senators last night, President Obama indicated that he is giving serious consideration to executive action designed to raise the minimum wage for employees of federal contractors, according to one Senator who was present.

Could Massachusetts become the next state to enact Election Day Registration? If today’s passage by the Commonwealth’s Senate chamber of omnibus voting bill S.1975 serves as indication, it very well could.

One day after a top Obama administration official deflected a congressman’s call for executive action to raise labor standards for contractors, activists Wednesday announced the filing of a new Department of Labor complaint over alleged wage theft in a government building. The complaint alleges that