Something is happening in San Francisco. Perhaps someday we will look back and call it an epicenter of the 21st century.
Over the past several years, Black Friday has become more important for some than Thanksgiving. Commercial interests and retailers have appropriated and transformed this once sleepy day after Thanksgiving into 24 hours of shopping gone wild.
While president Barack Obama's handling of foreign policy suggests that the 2016 election may see a sharper than usual focus on international issues, it is important to remember that most Americans vote on pocketbook issues in presidential elections.
Our previous national focus on economic inequality is being drowned out, at least temporarily, by incessant calls for boots on the ground, no-fly zones, embargoing Syrian refugees and demands for increased surveillance -- the stuff of which the right thrives upon. Will the Sanders campaign also become a casualty of the ISIS assaults?
Today, the literature is clear -- an economy with fewer big players does a good job of funneling wealth into few hands, but the best path to the most jobs and the most wealth for the most people is directly correlated with the density and diversity of local ownership per capita.
If we want the world to be a better, more inclusive place, we need to get to know each other better. What we will discover is that those at the bottom of our economic ladder are amazingly resourceful and contribute tremendously to society.
For over thirty years we've treated something as fact which is actually false. Economists we trusted to know better didn't, and so people have suffered and continue to suffer. This pernicious economic myth is the idea that a rising yacht lifts all tides, or as more popularly described, "trickle-down economics."
Over the past 15 years, Brazil has created 19 million new formal jobs, the economy went into a rather prolonged period of full employment, and the quality of employment improved because on average wage gains were large and highest among poor workers.
The Obama administration is sponsoring a forum this week on the problem of high drug prices. The purpose is presumably to express concern about a rapidly growing problem for both people in the United States and around the world. But the reasons for skepticism are obvious.
To "cure" obesity we to end our obsession with policies for facilitating weight loss. Rather, we need to commit to enabling all Americans to experience the benefits of healthy living.
This week's talking points are all, essentially, rebuttals to the biggest nonsense espoused on the stage of the fourth Republican debate. It was hard to pick only seven, as there was a bumper crop of nonsense in this particular debate, so forgive us if your favorite didn't make the cut.
If you're a techie in Silicon Valley today, chances are you have a six figure salary and a comfortable living situation. But what if you don't work in tech? What's it like being in Silicon Valley when you have to struggle to make ends meet and you see 20-year-olds with million dollar mansions?
Consumer vulnerabilities affect everyone -- financial institutions and retailers who must bear the cost, small businesses whose reputations' suffer if their consumers are affected by fraud, and most importantly, working class Americans who have to bear these consequences firsthand.
He was a made-for-TV success story. Eventually Ellen DeGeneres magnanimously -- as is her way -- handed him a larger-than-life check for a $35,000 college scholarship. Thinking like the middle-class kid he aspired to be, he used the great majority of that money to pay down his existing student loans.
The proponents of the Trans-Pacific Partnership are hoping that the rest of us will be happy that we got seats at the children's table. We will be hearing much about this table as they push to have the deal approved. But it's long past time that the rest of us be treated like adults.
Poverty is a fluid condition which millions of Americans experience from year to year. Many fall into it, many climb out of it; some persist in it. The idea that there's nothing we can do to put a real dent in poverty is as ridiculous as it is dangerous.