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Economic Policy

Which Side Are You On? Inequality and the Case for Unions

Tim Koechlin | Posted 06.24.2014 | Politics
Tim Koechlin

Republicans tell a tired, cynical story about all of this, insisting that union busting is, somehow, good for the economy and good for workers. It's the same old trickle down nonsense. Democrats, on the other hand, have done too little to defend unions and worker rights.

Is the IPCC Government Approval Process Broken?

Robert Stavins | Posted 06.27.2014 | Green
Robert Stavins

Several of the CLAs present with me in Berlin commented that given the nature and outcome of the week, the resulting document should probably be called the 'summary by policymakers,' rather than the 'summary for policymakers.'

What Can Foreign Investment Really Do for Your Country?

Marcelo Giugale | Posted 06.01.2014 | Business
Marcelo Giugale

They generate benefits that go beyond their own businesses -- in technical jargon, they generate "spill-overs" for the rest of the economy. But, what evidence do we have that these spill-overs really exist?

Digital Democracy: Bipartisanship in the Obama Era

Joe Singh | Posted 05.25.2014 | Politics
Joe Singh

There has been a paradigm shift. The expectation of representation has morphed from a law of averages to a demand for gratification.

The Phantom Menace: New Report Doubles Down on 'Tax Migration' Myth

Gordon MacInnes | Posted 05.07.2014 | Business
Gordon MacInnes

"Exodus on the Parkway," a new 36-page paper on the impact of tax rates on New Jersey's economic health begins by noting that it "does not provide pro...

Shine on You Crazy Dimon!

Steven Conn | Posted 04.05.2014 | Politics
Steven Conn

A world in which corporate boards really believe that they owe nothing to the public is not just a world which results in obscene payouts to Jamie Dimon and his buds. It is a hermetically sealed bubble in which boards fundamentally don't understand their relationship to the rest of us.

Manufacturing Jobs Remain an Imperative -- And We Still Need Millions More

Leo Hindery, Jr. | Posted 04.05.2014 | Business
Leo Hindery, Jr.

Right now, with the U.S. manufacturing sector employing less than 10 percent of the U.S. civilian labor force, the sector is not even half the size it needs to be for our nation to again have a balanced, high-growth economy.

States Have the Power to Create Economic Opportunity -- And Show Congress the Way Forward

Andrea Levere | Posted 04.02.2014 | Politics
Andrea Levere

Without policy interventions at all levels of government, far too many families will remain stuck in place -- barely managing to save enough to cover emergencies and with little or no hope of investing in the future. It doesn't have to be that way.

Winner Take All: Soaring Inequality in the U.S. and Why It Matters

Tim Koechlin | Posted 03.26.2014 | Politics
Tim Koechlin

For more than three decades, the U.S. has been suffering from a crisis of inequality. The Democrats have not taken this crisis seriously enough. The Republicans seem hell-bent on making it worse.

Climate Change: The Wrong Top Priority for Environmentalists and Conservation Professionals

Brian Czech | Posted 03.25.2014 | Green
Brian Czech

Let's start with a disclaimer: Climate change is one of the biggest threats of the 21st century, and it is an issue that warrants substantial attention. The crux of the matter is how much to prioritize it. Priorities have to be balanced, and the current balance is way out of kilter.

Diminishing Confidence in Economic Policies

John Lipsky | Posted 03.25.2014 | Impact
John Lipsky

I think the reasons for this diminishing confidence are threefold: the reach and intensity of the crisis; the sluggish pace of recovery since then; and the unrealistic expectations that have been placed on economic policies.

GOP Logic: These 9 New Laws of Reality Explain Everything

Spencer Critchley | Posted 03.23.2014 | Politics
Spencer Critchley

Wake up, Aristotle, logic is over! Now we have GOP Logic, and it explains everything. Just learn these nine new laws, and all will become clear.

Will Europe Scrap Its Renewables Target? That Would Be Good News for the Economy and for the Environment

Robert Stavins | Posted 03.20.2014 | Green
Robert Stavins

Without the renewables mandate, the cap being planned for the EU ETS will be achieved at lower cost and will foster greater incentives for climate-friendly technological change.

The Warsaw Climate Negotiations, and Reason for Cautious Optimism

Robert Stavins | Posted 03.12.2014 | Green
Robert Stavins

The Warsaw meetings must be judged to be at least a modest success -- the baton was not dropped, rather it was passed successfully in this long relay race of negotiations.

Should Foreign Aid Be Abandoned or Adapted?

Marcelo Giugale | Posted 03.09.2014 | World
Marcelo Giugale

The problem with arguments against aid is not that they lack fiscal appeal or past evidence -- nobody wants to waste money abroad while the budget is being cut at home. The problem is that they belong to a world that doesn't exist anymore.

Guideposts on the Road Back to Factville, 2013 Edition

Jared Bernstein | Posted 02.26.2014 | Business
Jared Bernstein

We at CBPP make a lot of revealing graphs. But I've chosen the ones that I think shine the brightest light on the path back to smart fiscal and economic policy.

Duck Dynasty, the Green Party, and Steady Statesmanship

Brian Czech | Posted 02.22.2014 | Green
Brian Czech

Protect the environment and all the awesome potential of the United States can be achieved. Lose focus on the environment and the rug will be pulled from posterity's future. It won't matter if the grandkids are gay, duck hunters, or America's Idol. They're all gonna need clean air...

Giving Thanks for Small Things: A Little Light in the Dark Corridors of Power

Jeff Faux | Posted 01.26.2014 | Politics
Jeff Faux

It should be no surprise that it has taken so long for a prominent member of the American policy elite to suggest openly to his colleagues that the core assumption upon which they have been managing the economic crisis might be dead wrong.

An Odd Juxtaposition on Deficit Reduction and Growth

Jared Bernstein | Posted 12.23.2013 | Business
Jared Bernstein

The economics of the moment is that fiscal responsibility really means less, not more deficit reduction right now. That's easy for me to say, I'm sure. But it's the truth. Just look at the jobs report.

What's Wrong With America?

Jared Bernstein | Posted 12.20.2013 | Politics
Jared Bernstein

Reflecting on the recent shutdown/debt ceiling debacle, the resolution of which is only a few months' respite until the same self-imposed deadlines reappear, you've got to wonder: what's wrong with America?

Millions of Jobs, Trillions of Dollars: We Can't Afford the Republican Right

Richard (RJ) Eskow | Posted 10.08.2013 | Politics
Richard (RJ) Eskow

Their budget stance offends many Americans' sense of morality, since they're asking poor and middle-class Americans to subsidize the luxuries of the wealthy and the profits of powerful corporations. But in the end the country may reject their ideology for an even simpler reason: We can't afford it anymore.

Trust and Money

Ricardo B. Salinas | Posted 01.23.2014 | Business
Ricardo B. Salinas

Despite some recent apparent signs of improvement, in the past two years we've had very negative economic news from Europe, particularly from countries such as Spain, Ireland, Greece, Cyprus, Italy, and Portugal. High unemployment, failed banks, fiscal insolvency, and a growing distrust of markets are just a few of the difficulties.

Dave Jamieson

'Disaster In The Making': Working Poor Losing Faith In Promise Of Mobility

HuffingtonPost.com | Dave Jamieson | Posted 08.28.2013 | Politics

WASHINGTON -- America's working poor value the work they do and have high hopes for their children's futures -- even though most believe it's now easi...

Markets, Power and Economic Policy

Jared Bernstein | Posted 07.13.2013 | Business
Jared Bernstein

When economic "rents" or market failures provide economic benefits to weaker groups -- those with less stature or power in society -- efforts to eradicate such "inefficiencies" may further empower dominant elites in ways that are counterproductive for the larger society.

Wealthiest Americans Benefit The Most From Economic Recovery As Inequality Grows

The Huffington Post | Caroline Fairchild | Posted 04.23.2013 | Business

The first years of the U.S. economy's recovery from the Great Recession yielded strong gains in total wealth for the richest Americans, while every ot...