Age of the Unicorn: How the Fed Tried to Fix the Recession, and Created the Tech Bubble Age of the Unicorn: How the Fed Tried to Fix the Recession, and Created the Tech Bubble
The number of “unicorn” tech companies is increasing dramatically—but the bubble will burst eventually.
Sep 3, 2015 / From the Archive / Doug Henwood
China’s Meltdown Goes Deeper Than the Stock Market China’s Meltdown Goes Deeper Than the Stock Market
The market’s volatility hurts share prices, but the turbulence in China’s real economy has plunged workers into poverty and fatal risks on the job.
Aug 26, 2015 / Michelle Chen
Next to Nothing: The Economics and Aesthetics of Streaming Music Next to Nothing: The Economics and Aesthetics of Streaming Music
Apps like Spotify and Apple Music haven’t just changed the way we purchase music—they've changed the way we listen.
Aug 24, 2015 / David Hajdu
Goldman Sachs and Bloomberg Philanthropies’ Investment in Prison Reform Failed. Why Do They Consider It a Success? Goldman Sachs and Bloomberg Philanthropies’ Investment in Prison Reform Failed. Why Do They Consider It a Success?
This is why we shouldn’t expect a financial return on social programs.
Aug 19, 2015 / Michelle Chen
Is an Obama Donor Tying the President’s Hands on Puerto Rico’s Debt Crisis? Is an Obama Donor Tying the President’s Hands on Puerto Rico’s Debt Crisis?
Vulture-fund investor Marc Lasry—who raised $500,000 for Obama in 2012—stands to gain if the commonwealth is not bailed out.
Aug 19, 2015 / Ed Morales
How to Repeal the Tax Loophole That Allows Companies to Hide Their Profits in Offshore Accounts How to Repeal the Tax Loophole That Allows Companies to Hide Their Profits in Offshore Accounts
If we want to address the inequality crisis, we must prevent corporations from sitting on hoards of untaxed cash.
Aug 4, 2015 / David Cay Johnston
Bernie Sanders Explains Why You Should Care About What’s Happening to Greece Bernie Sanders Explains Why You Should Care About What’s Happening to Greece
He really does sound like a socialist, doesn’t he?
Jul 31, 2015 / William Greider
Is Goldman Sachs Partly to Blame for Greece’s Debt Crisis? Is Goldman Sachs Partly to Blame for Greece’s Debt Crisis?
The bank should be held morally accountable for its risky deal-making, says Reich. Nonsense, says Cohan—that's “populist demagoguery.”
Jul 23, 2015 / OpinionNation / William D. Cohan and Robert B. Reich
How Hedge and Vulture Funds Have Exploited Puerto Rico’s Debt Crisis How Hedge and Vulture Funds Have Exploited Puerto Rico’s Debt Crisis
For this island teetering on bankruptcy, debt renegotiation is imminent—but on whose terms?
Jul 21, 2015 / Ed Morales
Elizabeth Warren Just Issued a Major Challenge to All Presidential Contenders Elizabeth Warren Just Issued a Major Challenge to All Presidential Contenders
Warren urges the candidates (read: Hillary Clinton) to push for legislation that would curb Wall Street’s influence in politics.
Jul 17, 2015 / George Zornick