Economics

JPMorgan's $13B Penalty Could Be A Huge Blow to Struggling Homeowners
October 29, 2013

JP Morgan gets to write off its $13 bill fine. Thanks to Congress, homeowners don't get to write off the help it provides.

The Media Can't Stop Sucking Up to Alan Greenspan
Instead of treating him like a wise man, make him pay J.P. Morgan's fine
October 22, 2013

Alan Greenspan should be apologizing to the country. Instead, he's back without regrets—and the star-struck media lets him get away with it.

You Thought the Government Shutdown Was Over. You Were Wrong.
October 18, 2013

It was an awful time. Federal employees had to take unpaid furlough days. Beneficiaries were thrown off of federal programs. Courthouses had to be sold.

When Should Debt-Ceiling Drama Scare You? Right About Now.
October 08, 2013

Economic doomsday is approaching. And while we don’t know the exact date, we’re starting to get a pretty good idea.

Walmart Can Solve the Inequality Problem. It Starts With Stickers.
October 07, 2013

And it’ll only cost you $12.50 a year.

No Measly Shutdown Can Keep Congress from Sucking Up to Wall Street
October 01, 2013

Just because the government has shut down doesn’t mean Congress will cease its central function of making Americans’ lives miserable.

Have Professional Women Created a Worse World for Their Working Class Peers?
September 25, 2013

In her new book, The XX Factor: How the Rise of Working Women Has Created a Far Less Equal World, British economist Alison Wolf argues that as the gap between genders has narrowed for the affluent, the gap between rich and poor women has broadened. 

The Big Budget Battle the GOP Has Already Won
September 20, 2013

If you enjoy silence, a good place to camp out for the next couple weeks is the room in the Capitol Building designated for Congressional negotiations on the budget.

Maybe Eric Schmidt, Sheryl Sandberg, and Elon Musk Just Really Like Butte, Montana
September 17, 2013

The CEOs of the nation’s largest companies typically don’t have a reason to fly to Butte, Montana.

The Folks Who Sell Your Corn Flakes are Acting Like Goldman Sachs—and That Should Worry You
September 11, 2013

In July, the public learned that Goldman Sachs and several other large banks have morphed into giant merchants of physical goods, routinely shipping oil, running power plants, and amassing stocks of metals so large that Coca Cola accused them of hoar

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