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America Economy

Why Japan Does Not Have America's Super-Rich Problem

Yuriko Koike | Posted 05.03.2015 | Home
Yuriko Koike

TOKYO - Herein lies the unique twist that Piketty's theory takes on in Japan: the disparity is not so much between the super-rich and everyone else, but between large corporations, which can retain earnings and accumulate capital, and the individuals who are being squeezed in the process.

Four Reasons This Will Be the Second American Century

Joel Kurtzman | Posted 05.27.2014 | Home
Joel Kurtzman

Over the years, many people have counted out the United States -- and been wrong. Given our newfound energy wealth, the return of manufacturing, our tradition of creativity and our vaults filled with investable capital, I can't help but believe the people counting us out now will be proved wrong again.

I'm a Member of the American 'Used-to-Haves'

Kathleen Ann | Posted 04.08.2014 | Home
Kathleen Ann

I'm not a "Never Had." I know what it's like to pay bills on time and have a little left over. I remember vacations and pedicures and going out to dinner. As a "Used-to-Have," I know exactly what Corporate America, lobbyists and politicians have taken away from me.

A Famous Victory

Robert Zevin | Posted 03.24.2013 | Home
Robert Zevin

The curtain has come down after Act I of the Fiscal Cliff. Some critics have proclaimed it a victory for the president over his Republican enemies. If it was a victory, it was an expensive one.

America Stuck on the Couch

Zack Exley | Posted 08.25.2012 | Home
Zack Exley

America is stuck on the couch, remote in one hand, bowl of ice cream or beer in the other. I'm not talking about the American people themselves being on their couches. It's our whole economy and society that's stuck on the couch, metaphorically.

Shop Smarter -- And Smaller -- This Christmas

Sarah Wexler | Posted 11.17.2011 | Home
Sarah Wexler

Americans tend to over-consume, which is especially true over the holidays -- from gorging ourselves on Christmas cookies to spending ourselves into debt on presents.