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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
In the latest anti-HFT salvo, a 12-year veteran of Goldman Sachs Monday applied a new definition to the essence of high frequency trading, seeing it as a purposeful distortion of the flow of market information rather than just a successful trading technique. With that he also prescribed a financial
In the media
Denny Gulino
When a crew that calls themselves the "Systemic Risk Council" speaks, it's a good idea to pay attention. After all, the last time people pooh-poohed deep seated problems within the financial system, trillions of dollars vanished into thin air and millions of people were thrown out of work.
Blog
David Callahan
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
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
If you've got debt and die tomorrow, don't assume it will disappear. Chances are, it will eat into the assets you may be planning to leave your heirs and may even wipe out your estate.
In the media
Michelle Crouch