In F. Scott Fitzgerald’s The Great Gatsby, East Egg represents inherited wealth and privilege, while West Egg represents wealth earned through innovation and hard work, a distinction at the core of the American ideal. We have always embraced a dynamic capitalism, marked not by stasis but rather “creative destruction,” lionizing trust-busters as heroes of competition.
When a city is forced to spend more on Wall Street fees than on basic public services, it is the sign of trouble. When that city is one of America's biggest population centers, it is the sign of a burgeoning crisis.
The Supreme Court’s ruling earlier this spring in McCutcheon v F.E.C., which increased the amount of money donors can contribute to political campaigns for federal office, has added new fuel to an 80-year-old debatebetween those who contend that the Supreme Court decides cases on the basis of abstract principles of law and those who argue
Thomas Piketty’s wildly popular new book, “Capital in the 21st Century,” has been subject to more thinkpieces than the final episode of “Breaking Bad.” Progressives are celebrating the book — a
Competition and innovation in bank payments risk being undermined if the system’s new regulator is too heavy handed, a report from Demos Finance warns.
The government is setting up a regulator to ensure new and smaller banks get a fair deal when using larger rivals’ systems. But analysts at Demos worry some actions to address this could backfire, prompting banks to withdraw services rather than comply. The think tank also wants the new regulator to consider potential uses for collecting tax data.
On the 60th anniversary of the Voting Rights Act, we honor those who strived for that victory by defending its true legacy—one that demands not just political participation, but economic justice as well.
SB 153 is a sweeping elections bill that imposes significant administrative burdens on county election officials and erects new barriers to the ballot for Ohioans of all backgrounds.
The recent U.S. outbreak of foodborne illness - the deadliest in more than a decade - is a stark reminder that regulations play a vital role in protecting the public.
More data from the 2012 election is in, and it’s tough to deny that the health of democracy and safety of your voting rights vary widely depending on where you live.
Demos applauds California Governor Brown for signing AB 420, a bill to end prison-based gerrymandering. The legislation ends the practice of treating incarcerated individuals as residents of the districts where they are temporarily confined, for redistricting purposes.
Demos has conducted extensive research on credit card debt among low- and middle-income households. As part of this research, we have become increasingly concerned with how families are being financially penalized for being in debt, making it difficult, if not impossible, for them to ever get out of debt.
An influential state lawmaker in North Carolina is launching an effort to make it harder for his state’s citizens to vote. It’s a development that should trouble voters, especially because North Carolina’s election process has been improving lately.
New Yorkers shut out of a job by employment credit checks spoke out and told their stories, expressing hope that New York City would build on its recent success banning discrimination against the unemployed in hiring to also put an end to credit discrimination.
