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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
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
Proposals to raise the minimum wage are enormously popular with the American public, but there’s a reason they are successful only on occasion. The powerful business lobby is quite effective at getting through to lawmakers with their message that higher wage requirements will lead to less employment
Blog
Brenden Timpe
Sequestration is a heavy blow to regulatory agencies. For the Food and Drug Administration (FDA), the Environmental Protection Agency (EPA), and the Securities and Exchange Commission (SEC), among many others, the $85 billion in cuts is the next step in deregulation, which accelerated in the 1990s
Blog
Thomas Hedges
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
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.
In the media
Yves Smith
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
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
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