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This morning the Senate Banking Committee will hold a hearing on the nomination of Richard Corday to lead the Consumer Financial Protection Bureau. On the merits, Cordray should breeze through. The politics, however, are destined to be thornier.
Blog
Amy Traub
Opponents of income redistribution often argue that taking from the haves and giving to the have-nots is at odds with individual rights. But here's a simple fact: There is no surer way to lose all your individual rights than to be dead. And evidence keeps mounting that people with lower incomes die
Blog
David Callahan
David Callahan's points about the inequality-widening effects of technological change add up to a strong argument that wealth taxes should play a bigger role in the progressive project of reducing inequality.
Blog
Jonathan Geeting
“The very rich,” wrote F. Scott Fitzgerald, “are different from you and me.” It turns out he was right. According to a new study by the think-tank Demos ( PDF), the affluent tend to hold a different vision of a just society than the public at large, and it is that vision which tops the political
In the media
Joshua Holland
Opponents of income redistribution often argue that taking from the haves and giving to the have-nots is at odds with individual rights. But here's a simple fact: There is no surer way to lose all your individual rights than to be dead. And evidence keeps mounting that people with lower incomes die
Blog
David Callahan
High Frequency Trading (HFT) is a method used by financial institutions whereby stocks are traded in fractions of a second. The traditional means of buying and selling required bankers to manually decide whether or not something was a good investment in the (semi) long run.
In the media
Ilana Glazer
Proposals to raise the minimum wage are enormously popular with the American public, but there’s a reason they are successful only on occasion. The powerful business lobby is quite effective at getting through to lawmakers with their message that higher wage requirements will lead to less employment
Blog
Brenden Timpe
Sequestration is a heavy blow to regulatory agencies. For the Food and Drug Administration (FDA), the Environmental Protection Agency (EPA), and the Securities and Exchange Commission (SEC), among many others, the $85 billion in cuts is the next step in deregulation, which accelerated in the 1990s
Blog
Thomas Hedges
Here's a plain fact: record disinvestment in higher education at the state level leads to record tuition hikes. In 2012, the trend escalated with the biggest single year jump on record.
Blog
Joseph Hines
Demos strongly urges the members of the U.S. Senate Banking Committee to vote in favor of confirming Richard Cordray to direct the Consumer Financial Protection Bureau for a full term. Director Cordray is highly qualified and has done an admirable job leading the Bureau so far. Demos is a non
Testimony and Public Comment
Amy Traub
Miles Rapoport