Italian election rocks Europe’s Establishment

By Robert A. Vella Europe’s centrist establishment was breathing sighs of relief after rising populist forces were subdued over the Continue reading →

The Republican tax bill got worse: now the top 1% get 83% of the gains

By 2027, over half of all Americans — 53 percent — would pay more in taxes under the tax bill Continue reading →

US lawmakers are redistributing income from the poor to the rich, according to massive new study

Back in 1980, the bottom 50 percent of wage-earners in the United States earned about 21 percent of all income in Continue reading →

In America, the rich outlive the poor by up to 9.5 years, study says

The United States is one of the richest countries in the world, but it would look dramatically different if its Continue reading →

SEC approves CEO pay disclosure, Idaho AG-GAG law unconstitutional, Kansas rescinds TANF ATM limit

By Robert A. Vella Here’s some updates on three important national news stories which developed this week: From Campaign for Continue reading →

The New Center Democrats: There’s No There There

The Central Centrist Myth: Inequality Just Happened Like [Sen. Charles] Schumer in his controversial post-election analysis, [William] Galston accepts that Continue reading →

Predictors of ’29 Crash See 65% Chance of 2015 Recession

In 1929, a businessman and economist by the name of Jerome Levy didn’t like what he saw in his analysis Continue reading →

The Score: Does the Minimum Wage Kill Jobs?

Throw a rock into the punditsphere and you’ll hit someone arguing that minimum-wage increases kill jobs. We shouldn’t boost the Continue reading →