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Today the Supreme Court put another nail in the coffin of the withering body of consumer rights. In the Italian Colors case, the Court held that a plaintiff cannot bring a class action to a court or arbitration when it has agreed to a boilerplate contract waiving its right to litigation or class arbitration, even where the cost of bringing the case as an individual is so prohibitive as to preclude the vindication of important statutory rights.
Can some types of debt cause the blues? Why are people approaching retirement age carrying credit card debt? This column shares results from recent research about credit card debt among older Americans. [...]
NEW YORK -- At a gathering of state leaders in Baltimore, Maryland, last week, Maryland GovernorMartin O’Malley made a strong case in support of the growing movement to rethink and re-orient how we measure economic performance and social progress, which he argues is a crucial step forward in meeting twenty-first century economic challenges. The “GPI in the States Summit” was organized by Demos and brought together public officials, researchers, and advocates representing twenty states from Maine to Hawaii.
One of the most pernicious myths of the past half century is that guaranteeing healthcare for all Americans would strike a mortal blow against this country's system of free enterprise.
Investment negotiators from Trans-Pacific Partnership (TPP) countries met secretly last week in Vancouver for their 18th round of talks regarding the expansive agreement. Frantic protestors, who caught wind of the conference through the Peruvian media, tried unsuccessfully to locate the talks and instead decided to hold a demonstration outside of the offices of Pacific Rim — a Canadian mining corporation.
When people talk about corporations spending money in politics, it’s commonly assumed that the corporation is a single thing with a clear position on any given issue. This masks the fact that corporations are complex, state-created entities with their own governance structures and a multitude of conflicting interests.
In a keynote address last Friday in Baltimore, Maryland Governor Martin O’Malley broke down the reasons behind his administration’s decision to make Maryland the first state in the union to employ a Genuine Progress Indicator (GPI), a quantitative assessment that integrates both the costs and the benefits of economic development into a monetary measure of whether growth is truly enhancing the welfare of individuals and communities.
Last week, I explored the question of whether federal contracting wastes tax dollars. But that post missed at least one key part of the equation -- the high costs of having no institutional memory.
A top government research scientist wrote me in response to the post to make this very good point:
A Supreme Court decision Monday that struck down an Arizona law requiring people to provide proof of citizenship when registering to vote was hailed by voting-rights advocates as a big win. But several legal scholars say the ruling, written by Justice Antonin Scalia, could in fact set back the voting-rights cause in cases to come.