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WASHINGTON -- More than half of the nation's 400 richest citizens have contributed money to help elect President Barack Obama or former Massachusetts Gov. Mitt Romney to the White House. These members of the Forbes 400, who boast a combined net worth of $1.7 trillion -- more than 10 percent of the
In the media
For the first time, the U.S. is no longer one of the top 10 prosperous countries, as ranked by the 2012 Legatum Institute’s Prosperity Index. Legatum, a non-partisan, independent think tank based in the UK, uses eight metrics to determine their Prosperity Index that combine both hard data and survey
Blog
J. Mijin Cha
Today's job numbers show that the economy continues to creep in the right direction -- but also that job creation will remain a paramount challenge over the next few years. The problem is not just the millions of working-age adults who remain unemployed or under-employed.
Blog
David Callahan

Outside spending organizations reported $1.11 billion in spending to the FEC through the final reporting deadline in the 2012 cycle. That’s already a 200% increase over total 2008 outside spending.

Policy Briefs
Adam Lioz
Blair Bowie
The surprise Obama endorsement from New York City Mayor Michael Bloomberg’s is a good time to revisit one of Bloomberg’s ideas to combat climate change: the carbon tax.
Blog
J. Mijin Cha
Since Citizens United, new waves of “outside spending” have been fueled by dark money and unlimited fundraising from a small number of wealthy donors.
Press release/statement
As the East Coast starts to recover from Hurricane Sandy, one begins to wonder whether this is the new norm? Going forward, will stronger, more intense storms continually batter the East Coast? Unfortunately, that seems likely to be the case without meaningful comprehensive action to combat climate
Blog
J. Mijin Cha
It’s a pleasure to drive the roads of Vermont. This mountainous state, which still enjoys a strong agricultural sector, outlaws billboards. So do Alaska, Hawaii, and Maine. Drive into neighboring New Hampshire to experience the difference.
Blog
Michael Lipsky
It's a sign of our shadowy times that the latest regulatory "reform" bill hasn't been laughed out of Washington. Same goes for the latest bankers' complaint, this time about being asked to cover their own bets. And if you think it's bad now, wait and see what happens if Romney takes over. Think
In the media
Richard Eskrow
The economic analysis of the impact of Hurricane Sandy is a perfect example of the flaws of GDP and our over-reliance on it as a metric of progress. Just like with Hurricane Irene, there will be some GDP growth from Sandy-- spikes in consumption as people stock up on batteries, food supplies, water
Blog
J. Mijin Cha