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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.

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

“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

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.

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.

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.

You may have seen a big outbreak in the academic literature and business media of defenses of liquidity for liquidity’s sake, evidently prompted by increased interest in and in the EU, implementation of transaction taxes as a way to tame speculation and secondarily raise revenues.

While recent CBS and Gallup polls show that most Americans remain divided over whether or not the recent sequestration cuts are in fact negative, many low-income families are already bracing for their impact. SNAP benefits and the Children's Health Insurance Program may be safe, but WIC benefits and

This is the second of a series of articles, entitled “The Financial Pipeline Series”, examining the underlying validity of the assertion that regulation of the financial markets reduces their efficiency. These articles assert that the value of the financial markets is often mis-measured. The

This is a story of journalists and economists, and the confusion that can ensue when they communicate.