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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 agenda in Washington and in state houses across the country.

As grim as the GOP's long term prospects are demographically, things could still get worse. Like, for instance, Republicans could alienate the one last slice of the population that remains firmly in their camp: old people.

One of the remarkable -- and depressing things -- about the low-wage economy is how small changes in wages can make a big difference. If you're a professional, you probably don't even know how much money you make an hour. But low-wage workers know, down to the penny. And what may seem like small

Increasingly, states and municipalities are stepping in to fill the federal void on regulating and banning fracking. California has at least eight bills looking to regulate and/or tax fracking operations. Vermont became the first state to ban the practice.

We've talked a lot about how a carbon tax is a win-win-win proposal that would raise badly needed revenues, lower greenhouse gas emissions, and shift the cost of pollution onto the producer. It looks like some members of Congress are ready to take this step. Today, Rep. Waxman, Sen. Whitehous, Rep

Middle-income Americans age 50 and older are now carrying more credit card debt on average than younger people, according to a 2012 study released by Demos. This is a reversal of the findings from the Demos survey which took place in 2008.

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.

The economy plummets. You lose your job. Soon, you start to find it hard to make ends meet. You start putting things on your credit card. Then you fall behind in your card payments. All the while you’ve been desperately looking for a new job. Little do you know that being behind on credit card

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

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.