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Tag: Economy

Almedalen: A Swedish Export the U.S. Could Use

Sixty miles off the coast of Sweden, in the Baltic Sea, sits the island of Gotland. Every summer, for one week, tens of thousands flock here to participate in a unique public event known as Almedalen.

Posted on Jul 2, 2014 READ MORE

AP/Dario Lopez-Mills

The People’s Game, Part Three: The 2014 Copa do Mundo as a Window to the World

The World Cup is the world’s most popular spectacle and, as such, speaks volumes about the state of humanity today.

Posted on Jun 28, 2014 READ MORE


Is Drinking Urine the Answer to California’s Drought?

It may sound a bit unpalatable, but pee may be a better option for the Golden State than the desalination of ocean water.

Posted on Jun 25, 2014 READ MORE

Drowning in Profits

A story of a private equity firm, a missing pool fence, and the death of a two-year-old child raises troubling questions about how, as a nation, we define security in housing and why, in the midst of what’s regularly termed a “recovery,” many neighborhoods may actually be growing increasingly vulnerable.

Posted on Jun 23, 2014 READ MORE

Real Business Leaders Want to Save Capitalism

A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Posted on Jun 21, 2014 READ MORE


How America’s Real Business Leaders Want to Save Capitalism

A few weeks ago I was visited in my office by the chairman of one of the country’s biggest high-tech firms who wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it.

Posted on Jun 18, 2014 READ MORE

Student Loan Debt

Posted on Jun 18, 2014 READ MORE

AP/Andre Penner

The People’s Game Part Two: Brazil Rejects Neo-Liberal Soccer

What FIFA has imposed on Brazil is a kind of soccer that is nearly unrecognizable, and thus heretical, to the people who have, over the course of more than a century, made the sport into a national religion.

Posted on Jun 17, 2014 READ MORE


The Three Biggest Right-Wing Lies About Poverty

Rather than confront poverty by extending jobless benefits to the long-term unemployed, endorsing a higher minimum wage or supporting jobs programs, conservative Republicans are taking a different tack.

Posted on Jun 16, 2014 READ MORE

Ververidis Vasilis /

Where’s the Bread and Butter?

The 2014 campaign is being waged against a backdrop of national news dominated by everything except the core economic worries of most Americans.

Posted on Jun 16, 2014 READ MORE

stocklight /

Al Gore’s Warnings About Inequality and Democracy

The former vice president recently told a tech industry conference when “95 percent of all the additional national income in the U.S., since the recovery began in ’09, goes to the top 1 percent, that’s not an Occupy Wall Street slogan, that’s a fact.”

Posted on Jun 13, 2014 READ MORE

Student Debt: Blame Lawmakers, Tax-Shirking Rich, War on Drugs, Not Universities

Why is tuition so high in state universities that The New York Times is wondering whether families will go on being able to afford it?

Posted on Jun 10, 2014 READ MORE

Seattle Is Right

By raising its minimum wage to $15, Seattle is leading a long-overdue movement toward a living wage.

Posted on Jun 7, 2014 READ MORE

Marcio Jose Bastos Silva /

Private Equity Is Becoming a Public Problem

A few weeks ago, a top official at the Securities and Exchange Commission reported on what he called a “remarkable” amount of potentially illegal behavior in the private equity industry—aka the industry that buys up, changes and sells off smaller companies.

Posted on Jun 6, 2014 READ MORE

Elizabeth Warren and Thomas Piketty Explain How Wealth Trickles ‘Up,’ Not Down

The two best-selling authors discuss the American economy and the growth of income disparity plaguing the nation in a HuffPost Live segment that shouldn’t be missed.

Posted on Jun 4, 2014 READ MORE


Saving the World One Coal Plant at a Time

Even for people who don’t believe in it, climate change just got real. It’s about time.

Posted on Jun 3, 2014 READ MORE

Stephen Colbert to Thomas Piketty: ‘Why Are You Trying to Tear Down the Western Economic System?’

The writer of the best-selling book “Capital in the Twenty-First Century” that’s on everybody’s mind these days stopped by “The Colbert Report” on Monday for a reckoning with the faux-conservative host.

Posted on Jun 3, 2014 READ MORE

White House/Pete Souza

Sending Drones Not Divisions

In the post-Cold War era, it was possible to hold grand illusions and chase utopian dreams. As President Obama understands, and his foreign policy critics fail to grasp, that time is past.

Posted on Jun 2, 2014 READ MORE

Freedom Summer II

It took guts to take on the power structure of Mississippi a half-century ago. It takes guts to take on the power structure of giant companies like Walmart and McDonalds now.

Posted on Jun 2, 2014 READ MORE

Tiananmen Square Massacre ‘More Important Than Ever’ 25 Years Later

On June 4, 1989, a million peaceful protesters gathered in Tiananmen Square in Beijing, China, only to be brutally barraged by the Chinese Communist Party with its 200,000 soldiers.

Posted on Jun 1, 2014 READ MORE

Saddled with Debt

Posted on Jun 1, 2014 READ MORE

The Economy’s Improving but Americans’ Pockets Haven’t Recovered

For a number of reasons, many workers have been left “at the edge of a financial cliff” despite recent boosts in the economy; a new study analyzes whether drivers treat minorities differently at crosswalks; meanwhile, the evolution of our brains may have come at the cost of our muscles. These discoveries and more after the jump.

Posted on May 29, 2014 READ MORE

U.S. One Quarter Away From Recession but Economists Are Optimistic

The U.S. economy contracted for the first time in three years in early 2014, shrinking at an annual rate of 1 percent due in part to an unusually harsh winter in some of the country’s more populous states.

Posted on May 29, 2014 READ MORE


Poll: Americans Continue to Worry About the Economy

The stock market has been soaring for the last five years, but Americans overall take a negative view of the economy.

Posted on May 28, 2014 READ MORE


FTC Sounds Privacy Alarm on Data Brokers, Asks Congress to Act

Ever heard of Acxiom or Corelogic? No? Chances are they’ve heard of you. According to a new 110-page report from the Federal Trade Commission, data brokers “collect and store a vast amount of data on almost every U.S. household and commercial transaction.”

Posted on May 28, 2014 READ MORE

LehaKoK /

California Gold Rush: The Race for the Hottest Job in Congress

California’s 33rd Congressional istrict is home to some of the Democrats’ wealthiest donors and one of the party’s most progressive leaders. No fewer than 17 candidates are running to pick up the keys to the treasure chest, but is any a worthy heir?

Posted on May 26, 2014 READ MORE (CC BY-NC-SA 2.0)

IRS Delays New Rules for Dark Money Groups

The agency has pushed back indefinitely a hearing on new regulations for social welfare nonprofits that spend money on politics.

Posted on May 24, 2014 READ MORE

miker /

GOP Still Swallowing the Tea

What’s happening in the Republican primaries is less a defeat for the tea party than a surrender by the GOP establishment, which is winning key races by accepting the tea party’s radical anti-government philosophy.

Posted on May 23, 2014 READ MORE

Luciano Castillo (CC BY 2.0)

The Practical Choice: Not American Capitalism or ‘Welfare State Socialism’

For years Americans have assumed that our hard-charging capitalism is better than the soft-hearted version found in Canada and Europe.

Posted on May 21, 2014 READ MORE

Stephen Colbert Meets His Match in Elizabeth Warren

Even the pseudo right-wing pundit falls victim to Sen. Elizabeth Warren’s compelling arguments.

Posted on May 20, 2014 READ MORE

Credit Suisse Pleads Guilty on U.S. Felony Charge, Gets $2.6 Billion Fine

Credit Suisse pleaded guilty and was fined $2.6 billion for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on U.S. criminal charges.

Posted on May 20, 2014 READ MORE

They Can’t Outlaw the Revolution

Cecily McMillan could get up to seven years on her conviction of hitting a plainclothes policeman who grabbed her in Zuccotti Park. The persecution of the Occupy activist has become emblematic of the state’s use of the courts to criminalize nonviolent dissent and try to crush new mass movements.

Posted on May 18, 2014 READ MORE

Swiss Turn Down World’s Highest Minimum Wage

Swiss voters rejected a proposal Sunday to introduce the world’s highest minimum wage, which would have guaranteed every worker in one of the priciest nations at least $25 an hour.

Posted on May 18, 2014 READ MORE

The Maker Movement: Tinkering With the Idea That College Is for Everyone

Over the last 10 years or so, increasing numbers of Americans have been seeking the satisfaction that comes with a trade. But vocational education needs some rethinking.

Posted on May 15, 2014 READ MORE

Frederic Legrand /

Tim Geithner and the Wall Street Bailout Redux

Timothy Geithner’s new book about the financial crisis, “Stress Test,” is basically an argument that the Wall Street bailout succeeded.

Posted on May 14, 2014 READ MORE


How to Shrink Inequality

Some inequality of income and wealth is inevitable, if not necessary.

Posted on May 14, 2014 READ MORE

One Man’s Failure

Posted on May 13, 2014 READ MORE

Shortly After Mother’s Day, U.N. Says U.S. ‘Losing Out’ Over Paid Maternity Leave

The United States is one of just three countries not to guarantee any paid maternity leave, a policy that costs the nation dearly.

Posted on May 13, 2014 READ MORE


Don’t Be Fooled: FCC Chairman Appears Determined to F Up the Internet

Under immense pressure from corporations and consumers alike, former cable-industry-lobbyist-turned-FCC-chair Tom Wheeler will reportedly revise his scheme to create an Internet toll road, but early reports suggest the new version will make no difference.

Posted on May 12, 2014 READ MORE

White House/Pete Souza

The Democrats’ Strategic Ambiguity

Bragging about what they’ve achieved is what incumbent politicians do. But as Democrats struggle to hang on to the Senate this year (and try against the odds to take over the House), they are not in the usual boasting mood.

Posted on May 12, 2014 READ MORE

London Tops Super-Rich City List, Survey Shows

London has more billionaires than any other city in the world, and Britain has more billionaires per head of population than any other country, new data showed Saturday.

Posted on May 11, 2014 READ MORE

The One Percent

Posted on May 10, 2014 READ MORE

Can Something in Soy Sauce Help Treat HIV?

There’s a molecule in the condiment likely hiding in your refrigerator that may stop HIV from spreading in the body; the French government is getting help from Chinese cops to protect tourists visiting from East Asia; meanwhile, donors can now give money to political campaigns using Bitcoin. These discoveries and more after the jump.

Posted on May 10, 2014 READ MORE


An L.A. Story That’s All Too Familiar

When a city is forced to spend more on Wall Street fees than on basic public services, it is the sign of trouble.

Posted on May 9, 2014 READ MORE

U.S. Companies Doze as Climate Change Threatens

The advances of science and the rapid changes in the economy are leaving the U.S. corporate world far behind, say researchers, who warn that the sector must change urgently.

Posted on May 8, 2014 READ MORE


The Six Principles of the New Populism (and the Establishment’s Nightmare)

More Americans than ever believe the economy is rigged in favor of Wall Street and big business and their enablers in Washington.

Posted on May 7, 2014 READ MORE


All the Presidents’ Bankers: The Hidden Alliances That Drive American Power

In this excerpt from her best-selling new book, Nomi Prins writes about the period during the administration of Lyndon Johnson when bankers began to move away from the president as they saw their global ambitions hemmed in by the Vietnam War.

Posted on May 6, 2014 READ MORE


Time for Some Happy Talk

Despite Republican claims to the contrary, things are definitely looking up. Democrats ought to be clicking their heels and spreading the good news.

Posted on May 5, 2014 READ MORE

JStone /

The Hillary Difference

President Obama’s difficulties do not appear to be hurting Hillary Clinton’s chances of winning the presidency in 2016.

Posted on May 5, 2014 READ MORE

U.S. Middle Class

Posted on May 3, 2014 READ MORE

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