If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
The Blog
Too much inequality for too long a time can lead to corrosive relationships between parts of society that are inevitably interdependent and which need to work together smoothly to make our whole system work properly.
Whether out of ignorance or not understanding the ramifications of such high risk derivative hedges, CEOs such as JP Morgan Chase's Jamie Dimond apparently have little control over the trades such as caused the $2 billion loss.
Mitt Romney epitomizes the unfairness of the American economy in this new Gilded Age. For that same reason, Romney is the quintessence of an economic approach shown to be anti-growth and anti-jobs. The president needs to tell this to the American people.
Teaching in a business school offers insights into the value of information: how knowledge creates opportunities and, when combined with capital, generates wealth.
Let's talk about the fiscal cliff -- you know, the one everyone's all wound up about? Well, the Congressional Budget Office just released their analysis of its potential impact on the economy and it ain't pretty. Add up all the stuff that's scheduled to turn into fiscal pumpkins at midnight on December 31, and you could get a serious impact on the economy. Unemployment would reverse course and start rising if that fiscal scenario remained in place -- but that's a big, important "if." All of the estimates assume we go off the cliff and don't climb back. But if, as Gail Collins imagines it, there's a bungee jump instead of a cliff dive, we can avoid the worst of this. One hopes that Congress can hammer the kind of compromise that has eluded them thus far -- the one that adds tax revenues to any agreement -- before the end of the year, or early next.
If Latinos are to fully recover from the ravages of the Great Recession, they will need not simply jobs, but jobs that lead to increased earnings over time and that also have good benefits. In short, they will need what we call "good jobs."
We may be on the way to the triumph of money, power and fundamentalism -- a development that should seem shocking, yet instead has become the new normal. We have outrage fatigue. Fury has slid into a persistent low-grade fever, a "what fresh hell is this?" jadedness.
By: Robyn Gee A new report by Melissa Kearney and Philip Levine at the University of Maryland, suggests that common ideas about teenage pre...
How does the organization of time and the availability of money effect a family culture and children's outcomes?
There's a buzz about the death penalty in America these days and nearly all of the conversation focuses not on how to maintain the practice, but on abolition. Faced with the high cost, lack of deterrent effect and the inevitability of executing innocent people, some states are taking another look.
Stories like mine are becoming more and more unusual in America in 2012. Sixty five percent of Americans who are born into the lowest income quintile (like I was) spend their entire lives in one of the two lowest income quintiles.
A comparison of the president's tax return with my own shows that growing wealth gaps are also occurring within the top 1 percent, and that our supposedly progressive tax system is making the problem worse.
Veterans have served our country at considerable sacrifice. We work hard and play by the rules. But, as it turns out, big corporations aren't playing by the same rules, and our communities are paying for it.
We need to realize that it's the econometrics, stupid. If we do not, we will continue to develop, promote and implement policies, plans and programs that are mediocre at best and counter-productive at best.
Historically, only about half the nation votes for the president every four years. That reality makes equal representation a far-fetched goal: How can everyone be represented when only half of us vote?
