Economy

Mark Thoma provides an excerpt from Noam Scheiber on Peter Orszag’s attempt to let all of the Bush tax cuts expire. In short, Orszag wanted to extend the “middle-class” tax …

Governance is in the hands of corporate power and the US increasingly exhibits the traits of a failed state.

Like most establishment pundits, Thomas Friedman (and apparently most of the rest of the nation) came away

Nancy Hemenway, a senior financial services executive and hospital patient, reads a newspaper in the library of the Eleven West wing at Mount Sinai Medical Center in New York, …

The vice presidency has been a joke for most of the nation’s history. The first vice president, John Adams, said it was “the most insignificant office that ever the …

Recent stories about the conditions of Apple's contractors in China have opened many people's eyes about where our jobs, factories, industries and economy have been going, and why. The …

The Occupy movement's national day of action — "Shut Down the Corporations" — is a difficult action to assess. Was the action a success or a failure? The first …

Unions have been fighting the 1% vs 99% fight for more than 100 years. Now the rest of us are learning that this fight is also OUR fight. The …

A week ago, Rick Santorum looked as though he might give Mitt Romney a thrashing in the Michigan primary, which would have unleashed a wave of grim assessments of …

Here’s the good news. The economic pie is growing again. Growth in the 4th quarter last year hit 3 percent on an annualized rate. That’s respectable – although still …