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Since everyone knows that the real Fed hippies are in DC, a paper from the Chicago Fed highlighting the benefits of raising the minimum wage provides the argument with some conformist cred. According to economists David Aaronson and Eric French, Obama’s proposed minimum wage hike to $9 an hour would
Blog
Catherine Ruetschlin
Voting rights advocates are testing whether a little-used provision of the Voting Rights Act could limit the damage of the Supreme Court ruling that struck down a key part of the landmark civil rights law.
In the media
Adam Serwer
Former Governor Eliot Spitzer announced his run for NYC Comptroller yesterday and this morning on the Brian Lehrer show, he attacked his opponent, Scott Stringer, for opting into public financing. Spitzer said, “He (Stringer)’ll be spending your money, I’ll be spending my own.” This characteristic
Blog
J. Mijin Cha
The Supreme Court of the United States must be criticized for blindness, perhaps even willful ignorance of reality, in their recent decision gutting the Voting Rights Act.
In the media
Mark C. Alexander
Corporations have revved their engines back up for round two of the smear campaign against Eliot Spitzer, the former Governor of New York who recently announced that he would run for New York City Comptroller. With headlines such as “Here We Ho Again” and “Lust For Power,” news outlets are again
Blog
Thomas Hedges
This week U.S. and European negotiators will begin secret talks that could bargain away a key element in American resistance to GMO foods. The proposed Transatlantic Trade and Investment Partnership (TTIP), also referred to as a Transatlantic Free Trade Agreement (TAFTA), will focus on "normalizing"
Blog
Michael Lipsky
For young people who look to the monthly jobs numbers for signs of hope for their future, the good news is in: that part-time, low-pay, no-benefits wait staffing job you always wanted is available for the summer.
Blog
Catherine Ruetschlin
Members of Congress are calling on the government to get out in front of the growing income gap by addressing the low wages paid within its own buildings. In a July 2 letter to President Barack Obama, 17 House Democrats said the government needs to take action toward the fair treatment and decent
In the media
Cogan Schneier

 

Testimony and Public Comment
States used to have the authority to enforce usury laws, capping the excessive interest rates of any lender interested in transacting business with their citizens. Although usury laws are still on the books in some states across the country, when it comes to credit cards they are rendered useless by
Blog
Amy Traub