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David Tepper topped the list of best paid hedge managers for last year, pulling in $3.5 billion. That's an astonishing amount of money for one person to make in a single year -- and is larger than the annual GDP of 35 countries.
Blog
David Callahan
In F. Scott Fitzgerald’s The Great Gatsby, East Egg represents inherited wealth and privilege, while West Egg represents wealth earned through innovation and hard work, a distinction at the core of the American ideal. We have always embraced a dynamic capitalism, marked not by stasis but rather
In the media
Sean McElwee
Wallace C. Turbeville
20 years after Motor Voter went into effect, there are a few bright spots, but most state motor vehicle departments are falling down on the job.
Blog
Stuart Naifeh
“No family should work full time and live in poverty.”
Blog
Joseph Hines
Globalization has kept labor unions on the defensive for nearly forty years now. While workers are pretty much stuck where they live, corporations are able to move production around to find the lowest wages. But labor has gotten better over the years at exploiting a globalized world for its own aims
Blog
David Callahan
New York Mayor Bill de Blasio and Maryland Governor Martin O'Malley are two of the most admired progressives in politics right now. But there's a big difference between these leaders: One has lots of power and the other does not. O'Malley's power was vividly on display Monday when he signed a law
Blog
David Callahan
Henry Ford famously shocked the nation in 1914 when he announced that he was doubling the wages of Ford's workers to $5 an hour. Ford's logic was that better paid American workers would become bigger spending consumers -- not only buying more Model Ts, but more of everything. Which is pretty much
Blog
David Callahan
The Supreme Court’s ruling earlier this spring in McCutcheon v F.E.C., which increased the amount of money donors can contribute to political campaigns for federal office, has added new fuel to an 80-year-old debatebetween those who contend that the Supreme Court decides cases on the basis of
In the media
Thomas B. Edsall
Sen. Elizabeth Warren introduced legislation on Tuesday to tackle the nation's over $1 trillion student loan crisis. "Exploding student loan debt is crushing young people and dragging down our economy," the Massachusetts Democrat said in a statement.
In the media
Andrea Germanos
In the federal student loan market, the government is the lender, and therefore is in a position to reduce the overall burden on the borrower.
Blog
Mark Huelsman