This was a busy week in politics, as the Republicans in the new Congress began a bout of legislating and President Obama ramped up his agenda in preparation for next Tuesday's big speech to Congress and the country.
If you can picture the Beatles explaining today's economy through their songs' lyrics, I suggest you take a look at Federico Rampini's work.
The primary challenge democracies face is neither military nor philosophical. Rather, for the first time since the Great Depression, many industrial democracies are failing to raise living standards and provide opportunities for social mobility to a large share of their people.
We've finally emerged from the crash of 2008. We've had 58 consecutive quarters of job growth. Unemployment is declining. Productivity is up. Yet, most Americans aren't exactly high-fiving each other. Never mind the state of the union; the state of their households isn't great.
There are many positive signs in the US. Gross Domestic Product (GDP) for the 3rd quarter was up 5% on an annualized basis compared to the 2nd quarter (adjusted for inflation).
Free, high-quality public higher education. Expanded apprenticeship programs. Jobs that pay living wages. Workplaces that are free of discrimination. Strong union rights. Don't those sound great?
With increasing global threats of terrorism and epidemics, we are increasingly in need of partners and allies on the world stage. Cuba will be a welcomed addition, as our two nations are both known for international assistance.
All five measures of the Housing Barometer improved over the past year. The indicator that the recovery now most depends on--young-adult employment--made the largest leap, but is still not quite halfway back to normal.
All in all, ever since his forceful response to the midterm elections, Obama seems to be getting more and more popular. In absolute numbers, of course, Obama still has a long way to go.
Colin Crouch and I talked about how he became involved with Krytyka Polityczna, why he doesn't like the term "civil society," and why he considers the creation of the European Union one of the greatest innovations in history.
Do we just fasten our seatbelts for a bumpy ride, or is there a way to smooth the path ahead? In this interview, Alan Taylor discusses his findings and suggests ways to safeguard the financial system.
Relative to fundamentals, home prices nationally looked 2% undervalued in the fourth quarter of 2014. Home prices in 70 of the 100 largest metros are less than 10% over- or undervalued.
We pay, and the corporations who caused the problem have higher profits. The Regulatory Accountability Act is not about government accountability; it's about the allocation of who pays, with taxpayers ultimately footing the bill.
This past year I haven't written the way I used to. There have been so many other things I wanted to write about but I just wasn't ready. I wasn't brave enough. Maybe now because I literally have nothing to lose, I have once again found my voice and my courage. Yesterday I filed bankruptcy. Chapter 7.
If the ECB is willing to use all its available tools without limit, there is little reason to doubt that it can hit its inflation target of close to 2%. However, making that policy commitment credible remains a great challenge because of the controversy and dissent about acquiring risky government debt.
Here we are in 2015 and economic justice is on everyone's mind (or it should be). Five years after the official end of the Great Recession we are still witnessing historical levels of income inequality, but finally some crucial links are being made.