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The London Whale has surfaced again. The lingering question is whether the investigations will prove that whales, like fish, rot from the head.
Blog
Wallace C. Turbeville
Texas didn’t discriminate against minority voters. It was only because they were Democrats. And even if it did, the racial discrimination Texas engaged in is nowhere near as bad as the stuff that happened in the 1960s.
In the media
Adam Serwer
It's no secret that sales taxes are a regressive way to raise revenues. And the heavy reliance on such taxes across the country explains why state tax systems tend to clobber the poor while asking little of the rich.
Blog
David Callahan
Critics of the fast-food worker strikes don't just make the mistake of relying on industry-backed research to argue that higher wages are unaffordable (see Jillian Kay Melchior's slanted and shallow piece in NRO) and ignore the real-live examples of U.S. states that have raised their minimun wage
Blog
David Callahan
In the absence of federal leadership, states are taking the lead in the fight against climate change. Maryland Governor Martin O’Malley recently released an ambitious climate change plan that will reduce greenhouse gas emissions 25 percent by 2020, generate $1.6 billion in economic benefits, and
Blog
J. Mijin Cha
Once upon a time, we invested in our young people so that they could enter the world without debt. Now, we turn them into deadbeat debtors before they're old enough to legally buy a drink, left far behind their financial betters.
In the media
Helaine Olen
The United States spent around $3.6 trillion last year, on products, services, and employment, including contractors. Which companies benefited from these lucrative deals with our government? And what were our conditions on their performance? Shouldn't we, as the taxpayers that are funding these
In the media
Amol Mehra
Americans are taking advantage of greater credit availability without a heavy reliance on plastic, a trend economists say bodes well for a healthy recovery in consumer credit. The Federal Reserve reported Wednesday that consumer borrowing, excluding mortgages, surged ahead by $13.8 billion to $2.8
In the media
Danielle Douglas
One of the sorriest American myths these days is that getting into enormous debt will secure a better financial future for today’s students. Not only is debt a manacle for future generations, it’s not good for the country at large — a $4 trillion burden on future earnings and wealth. When
In the media
John Wasik
Just as postsecondary education is becoming increasingly vital to getting a good job and entering the middle class, college costs are rising beyond the reach of many New Yorkers. State policy decisions have played a significant role in this rise by shifting costs onto students and families though
Policy Briefs
Robert Hiltonsmith