All Articles on Economy

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Save the World, Work Less
With climate change threatening life as we know it, perhaps it's time to revive the forgotten goal of spending less time on our jobs
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The implications of Piketty's new book go to the heart of the issue that spurred the Occupy movement in 2011. (Photo: Public domain) Views
An Indictment of the Invisible Hand
Thomas Piketty’s 700-page book, Capital in the Twenty-First Century , has stunned both the economic profession and most political observers. But the economic mainstream is not truly dealing with its most serious implications even as they widely praise his work. Mainstream economics generally...
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Krugman: Worried About Oligarchy? You Ain't Seen Nothing Yet
'Even those of you who talk about the 1%, you don't really get what's going on. You're living in the past.'
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In The Age of Faux Populism, Where Are the Real Pitchforks?
Americans are in a surly mood, confronting rules they feel are rigged against them. President Barack Obama captured this populist temper in his re-election campaign. He then launched his second term declaring that inequality is the “ most pressing challenge of our time,” and laying out a popular...
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$1,259: What Corporate Tax Dodgers Cost the Average Taxpayer
Regular citizens and small business owners 'footing the bill' for offshore tax havens
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The Tax Breaks That Are Killing the Planet
ExxonMobil, the world’s largest oil company, hauled in a $32.6 billion profit last year. Chief executive Rex Tillerson got a 3 percent bump in his pay package, sending it above $28 million. And today the company gets its annual boost from the federal government: an estimated $600 million in tax...
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CEO Pay Soars, Workers Toil in Capitalism's New Gilded Age
Ratio of CEO-to-worker pay is 'unconscionable,' says AFl-CIO as prominent economist argues this level of inequality proves current capitalist system 'cannot work'
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(Credit: Paywatch.org / AFL-CIO) Views
CEO Pay Soars As Worker Pay Stagnates
How’s your job going – if you even have one? The odds are very, very high that you haven’t seen a raise in a long time. Or maybe you were laid off and found a new job at half your old pay. They say this is the “new normal.” Meanwhile, CEO pay just keeps climbing and climbing and climbing (and...
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Piketty in Washington: How to Reverse the Increasing Concentration of Wealth
French Economist Thomas Piketty, author of the best-selling “ Capital in the Twenty-First Century ,” came to Washington DCon Tuesday for a series of discussions with other economists and the public. The book itself, whose author has made enormous contributions over the past 15 years analyzing the...
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Walmart Gets $7.8 Billion 'Bill' for Its Taxpayer-Funded Breaks, Subsidies
New report reveals how tax system 'provides special treatment to America’s biggest corporations and richest families leaving individual taxpayers and small businesses to pick up the tab.'
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