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The third quarter GDP numbers were released this morning, which show a GDP increase of 2.8 percent, an increase from the 2.5 percent reported for the second quarter. Among other factors, increases in personal consumption and state and local government spending helped contribute to the increase in
Blog
J. Mijin Cha
Who could have imagined, say ten years ago, that gay rights would one day be an issue that progressives could embrace to their political advantage, dividing the conservative world? For decades, of course, hot button social issues were used in the exact opposite way: to divide the Democratic
Blog
David Callahan
There's a dire need for a new definition of public goods
Blog
June Sekera
Conventional wisdom holds that big city mayors don't have much real power. They wield scant influence over national and global forces that deeply impact America's urban economies—from fiscal and monetary policy to trade and currency policy, and regulation of financial and labor markets. Their powers
Blog
David Callahan
Public investment is crucial to future growth. The economic boom in the 50s and 60s relied on government investments in education (G.I. Bill), infrastructure (National Highway System) and science (NASA).
Blog
Sean McElwee
Credit reports and scores are made up entirely of information about individual consumers -- data that’s collected without our permission or even necessarily our knowledge -- but we don’t have free access to this information. Under federal law, consumers get one free credit report a year and must pay
Blog
Amy Traub
Wallace Turbeville on his time at Goldman Sachs, working with the city of Detroit, and the reality of the crisis that brought about TARP.
In the media
Did you hear that America's biggest drugmaker just agreed to one of the largest criminal and civil settlements in U.S. history? No, you probably didn't -- because news of Johnson & Johnson's $2.2 billion penalty for illegally marketing one of its drugs was buried today in the business section.
Blog
David Callahan
One New York Times article serves as a perfect exposé on the profoundly undemocratic power of wealthy donors have.
Blog
Adam Lioz
With gridlock and discord halting the right’s agenda in Congress, corporations have taken the war on labor to the states. The Economic Policy Institute recently released a new report, “The Legislative Attack on American Wages and Labor Standards, 2011-2012,” authored by Gordon Lafer. The report
Blog
Sean McElwee