Matt Phillips at QZ reports on, “the most important change in the US economy since the Great Recession—that nobody is talking about.” The change is the drastic decline in credit card debt among American consumers.
If asked, Americans of all political persuasions will say overwhelmingly that they prefer “ tougher rules” for Wall Street. But what does that actually mean?
Perhaps the most striking fact from the exit polls last Tuesday is just how well Democrats did among highly educated voters. In Virginia, Terry McAuliffe won voters with a postgradudate degree by 22 points. In New Jersey, the Democratic candidate lost high school and college grads by double digit
We need a new, positive definition of public goods to counter the current market-myopic economics definition that relegates pubic goods to market failure
Black veterans weren't able to make use of the housing provisions of the GI Bill because banks generally wouldn't make loans for mortgages in Black neighborhoods, and African-Americans were excluded from the suburbs by a combination of deed covenants and informal racism.
Veterans Day has long been a moment to reflect on how deeply the successive wars of the 20th Century reshaped America and the world. But judging by what just happened in the Philippines, cataclysmic weather events may turn out be the big shape of the 21st Century.
In August 2011, Congress passed a strange piece of legislation intended to bind itself into the future. In spite of persistently high unemployment and an unremarkable deficit-to-GDP ratio, and in spite of public polling that consistently showed that creating jobs was the American public’s top
Veterans Day has long been a moment to reflect on how successive wars of the 20th Century reshaped America and the world. But judging by what just happened in the Philippines, we could well be living in a century where cataclysmic weather events play that history altering role.
If a bad job market wasn’t damaging enough, the cost of paying off student loans does much more harm to the long-term prospects of young people than is commonly realized.
Since Citizens United unleashed a flood of corporate money into federal election campaigns, the public has been justifiably outraged at the ability of large economic institutions to wield undue political power.
