Why Is the CBO Concocting a Phony Debt Crisis? Why Is the CBO Concocting a Phony Debt Crisis?
A simple accounting trick is arming austerity hawks with a powerful, phony weapon.
Oct 15, 2015 / Ari Rabin-Havt
Did Predatory Lenders Pay These 12 Lawmakers to Hobble the CFPB? Did Predatory Lenders Pay These 12 Lawmakers to Hobble the CFPB?
An ethics complaint filed this week alleges that industry lobbyists and donors crossed the fuzzy line between routine fundraising and a quid pro quo arrangement.
Oct 8, 2015 / Joshua Holland
China’s Stock Market Crash Is the Latest Crisis of Global Capitalism China’s Stock Market Crash Is the Latest Crisis of Global Capitalism
Alongside rising protests from farmers and workers, China now confronts a middle class anxious about a slowdown in growth and burned by the stock market bust. It’s a volatile brew.
Oct 5, 2015 / Walden Bello
As the 2016 Campaigns Heat Up, the Moment Still Belongs to the People As the 2016 Campaigns Heat Up, the Moment Still Belongs to the People
What once seemed unexpected is no longer unthinkable.
Sep 22, 2015 / Katrina vanden Heuvel
Low Interest Rates Help Private-Equity Moguls and Hurt Average Americans Low Interest Rates Help Private-Equity Moguls and Hurt Average Americans
Today’s near-zero rates are free money for investors, but murder for savers and retirees.
Sep 18, 2015 / William D. Cohan
September 15, 2008: Lehman Brothers Files for Bankruptcy and American Finance Collapses September 15, 2008: Lehman Brothers Files for Bankruptcy and American Finance Collapses
“What you have is a glorified money-laundering scheme.”
Sep 15, 2015 / Richard Kreitner
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 / 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