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One of the arguments used by climate deniers is that the earth is actually in the middle of a cooling period, despite recent record temperatures. In fact, there was a period of cooling but as a new study shows, we are in the middle of a dramatic U-turn and are now experiencing a heat spike.
Blog
J. Mijin Cha
During an appearance on CNBC yesterday, Charlie Munger, deputy to billionaire investor Warren Buffett, had some harsh words for high-frequency trading, the practice used by huge financial firms to trade stocks in milliseconds. “Take the rapid trading by the computer geniuses with the computer
In the media
Pat Garofalo
It's been a big month for changing the narrative protecting big banks from prosecution and regulation.
Blog
Joseph Hines
Demos released a new report showing how the rise of high frequency trading (HFT) comes at a massive cost to the real economy, despite Wall Street’s claims to the contrary.
Press release/statement
At least one CEO at a big retail company wants to see the minimum wage increased. In fact, he’d like the minimum wage to go even higher than President Obama has proposed.
In the media
Ned Resnikoff
Another monthly jobs report is in, and the results are better than most people expected: 236,000 new jobs were created last month. That's the best economic news we've heard in a while.
Blog
David Callahan
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
Blog
Ilana Novick
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
Research
Wallace C. Turbeville
This is a story of journalists and economists, and the confusion that can ensue when they communicate.
Blog
Wallace C. Turbeville
Republican governor Bobby Jindal attracted attention earlier this year when he said that Republicans must stop being the "stupid party." But in that same speech Jindal said something equally important:
Blog
David Callahan