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Commentary & Opinion
Commentary & Opinion
June 3, 2014 The Wealth Gap and RaceSource: Ordinary Times
A couple of weeks ago Elias Isquith linked to an article from the National Journal about the wealth gap between blacks and whites. It’s important to note here that the article is talking about wealth, not income. The reason why...
April 21, 2014 Stop Obsessing Over Exorbitant CEO PaySource: Slate
Last weekend the New York Times published its annual list of executive compensation, with Oracle’s Larry Ellison topping the charts at $78.4 million (and Disney’s Bob Iger in a distant second, at $34.3 million). Pay packages have...
Source: Washington Post
Does 39.6 percent, which is today’s top marginal tax rate, sound like the optimal top marginal tax rate to you? No? How about 80 percent? Not that either? Well, if you’re concerned about reducing income inequality in the United...
January 27, 2014 Let’s Talk About the Wealth GapSource: NY Times
WASHINGTON — Much of the substance and tone of President Obama’s State of the Union address this week are predictable. So is the reaction: It won’t change many minds or political stands.
January 24, 2014 Davos 2014: There’s only one way to close the wealth gapSource: Telegraph
I’m in Davos this week, where more than 2,500 chief executives, government ministers and NGOs are assembled for the annual meeting of the World Economic Forum. After years of permafreeze, a thaw seems finally to have taken hold....
November 18, 2013 It's Economic Inequality Stupid -- What to Do About the Biggest Crisis Facing AmericaSource: Huff Post
In 1992, the Clinton for President campaign is said to have had a poster on the wall of its war room that read: It's the Economy Stupid. The object of the slogan was to keep the campaign on task. Its goal was to make sure that...
November 15, 2013 How McDonald's and Wal-Mart Became Welfare QueensSource: Bloomberg
It seems that welfare queens are back in the news these days. The old stereotype was an inner-city unwed mother -- that’s dog-whistle-speak for black -- having multiple babies to get ever bigger welfare checks (throw in a new...
October 22, 2013 Privatizing Profits, Socializing Losses—A Continuing SagaSource: Larry Checco
Washington DC -- As if we needed another example of how profits are privatized and losses socialized by corporations and top earners in this country. A recent study found that taxpayers are spending nearly US$7 billion a year to...
October 22, 2013 Humans Can Be Irrational, and Other Economic InsightsSource: NY Times
Alan Greenspan, the former Federal Reserve chairman, writes in his new book, “The Map and the Territory,” that he has been thinking about bubbles since the financial crisis of 2008. Specifically, he has been trying to understand...
October 7, 2013 Growing wealth gap opens gate to unrest: Our viewSource: USA Today
The impact of America's growing income inequality can be seen in protests, ranging from Occupy Wall Street in 2011 to the fast-food worker strikes this summer, and also in the changing political landscape where Democratic...
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