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Top US economists argue millions of Americans must lose their jobs to stop inflation. They couldn't have it more wrong.
Former Treasury Secretary Larry Summers and Fed Chair Jerome Powell cling to a fix that's backward …
Paul Constant
History gives us a clue as to how we can solve global wealth inequality
Massive wealth inequality is a fairly recent invention. Understanding our past can help us better d…
Paul Constant
The Twitter drama among powerful people over high gas prices revealed a lot about who gets what and why — and Americans are still waiting on a solution
"When powerful people invoke the free market as an excuse for high prices, they don't necessarily h…
Paul Constant
Childcare in the US is broken. Half-measures from employers won't cut it — here's what will.
Not only does the lack of childcare keep women out of the workforce, it decreases consumer demand —…
Paul Constant
3 policies in Biden's 2023 budget proposal that will restrict corporate power and benefit workers
The Roosevelt Institute's Nick Lusiani says restrictions on stock buybacks and tax increases on the…
Paul Constant
Leaders on both sides evaluate policy through an Econ 101 lens, but cost-efficiency isn't the best measurement of effective policy
Huge, ambitious programs enacted in the early-to-mid 20th century are still around today for a reas…
Paul Constant
An economist shares 3 policies that can reverse income inequality — and what the US can learn from them
Other capitalist countries have actively tried to reduce inequality through policy change — and suc…
Paul Constant
A new proposed tax on Big Oil's profit markups offers a solution for cash-strapped Americans
Big Oil has taken advantage of inflation to raise gas prices. Here's how a new piece of legislation…
Paul Constant
How private equity firms cash in on struggling businesses like Toys R Us and leave retail employees high and dry
Jim Baker of the Stakeholder Project says these firms buy fledgling retailers, default on their loa…
Paul Constant
A new report found that 22 major corporations spent more on stock buybacks than raising worker wages during the pandemic
The study found that while these companies shelled out $800 billion on stock buybacks, they only sp…
Paul Constant
A new company wage tracker explains why so many hourly workers are choosing to unionize
With many companies, like Taco Bell and Dollar General, mostly paying less than $15 an hour, worker…
Paul Constant
How outlawing stock buybacks would protect the power gains of American workers' recent union wins
Stock buybacks take millions in corporate profit and hand them to the wealthy few. That money could…
Paul Constant
America's mass-incarceration problem is a huge cost suck for the entire economy — but it's especially devastating for minority communities
One study estimates the cost of incarceration in the US is $180 billion a year. "Throwing more poli…
Paul Constant
American workers would make more than $20 an hour if minimum wage kept pace with productivity, an economist says
A higher minimum wage would supercharge the economy, says Dean Baker, as workers would have more mo…
Paul Constant
Raising interest rates won't fix the real reason behind inflation: price-gouging and corporate greed
The high cost of goods right now isn't just a product of the pandemic. It's also a result of years …
Paul Constant
Economic policy is full of false assumptions that benefit the wealthy and undercut average Americans — just look at how CEOs are paid
Theorists say paying CEOs in stock options incentivizes them to act like shareholders and boost the…
Paul Constant
Congress treats the Congressional Budget Office like a crystal ball for legislation, but one economist says their models are built on flawed assumptions
Economist Mark Paul says the office's cost-benefit analysis of Biden's Build Back Better plan false…
Paul Constant
How abortion bans widen the gender pay gap and diminish women's economic power
Economist Caitlyn Myers says women denied access to abortion can face increased financial stress an…
Paul Constant
Why it's crucial for lawmakers to protect and empower unions as union popularity rises across the US
To truly strengthen unions, Congress must enact pro-union protections at a federal level, says Pitc…
Paul Constant
It's not just inflation — corporate greed is also partially to blame for the rising prices you're paying
Starbucks blamed labor costs and supply shortages for higher prices — all while increasing their CE…