All in all, you could not have designed a more perfect program to enrich the rich and do absolutely nothing for the 99 percent -- and as a result, sink ever more children into poverty.
For more than a decade people opposed to the government of Venezuela -- which today includes almost all major Western media outlets -- have argued that the Venezuelan economy would implode. How frustrating it has been for them to witness only two recessions.
Which is more important: Meeting energy demand, lowering carbon emissions, or conserving water? How about all three?
In this moment the US is face-to-face with a great challenge and an even greater opportunity. It must give FDI attraction the serious attention and resources that it deserves.
In the "good old days," Washington would have tried to soothe our lingering economic pains. But now, Congress's dysfunction -- particularly its preoccupation with slashing the federal deficit -- is prolonging our collective pain.
An upside surprise to this morning's GDP report -- up 2.8 percent over the quarter (at an annualized rate), when expectations were for 2 percent.
In the next few years, we will see huge strides in productivity. Even so, the new consensus of an era of slow growth -- if it really is a consensus -- is sobering.
I decided to lose the pseudonym and come out publicly about being a straight male who was a gay escort. I wanted to show the world that sex workers can be educated, intelligent, well-adjusted people. People who went to Berkeley. People who worked at Google.
The upcoming JPMorgan Chase settlement is expected to be the largest corporate settlement in Justice Department history. Unless the Justice Department prevents it, JPMorgan could heap billions of dollars right back onto the shoulders of taxpayers.
If Dadaab were actually counted as a city, it would be Kenya's third or fourth most populous. Yet it's not counted; it doesn't exist. It's a liminal space, neither here nor there, and its inhabitants exist between worlds interminably.
The only way for our nation to regain its economic and democratic vitality in the years to come is to acknowledge the inherent poverty of America's new prosperity -- a prosperity for only the very few that is inherently anti-democratic and insidious. We can do much better.
IPCC: Global Warming Will Create a More Violent, Sicker, Poorer Future says the reputable Intergovernmental Panel on Climate Change in a new study, re...
Tax rates fell on the wealthy after 1980, while their incomes skyrocketed. But how strong is the correlation between falling tax rates on the wealthiest among us and economic inequality?
What African American doesn't have a story, where some unknown guard challenged you or followed you out of the store. What about the annoying stores that make you pull out the receipt on the way out the door, and have the security guard ravage through your purchased goods?
A plea to the banks: Do "give back" in philanthropy. But also, please: Give us back a financial system that we can trust. Less penance after the fact, more virtue before. It will make for better business and for honest philanthropy.
The folks making economic policy in Washington are getting ever more resistant to evidence. As we approach the sixth anniversary of the downturn with no end in sight, the nation has been treated to the perverse spectacle of our Treasury Secretary celebrating the sharp drop in the deficit.