Robert Letcher: With this country’s students ranking only 16th among industrialized nations, it’s clear that we as a country have to work on more hot-button issues than just”cost”.
Steven Conn: For thirty years inflation has not been a serious threat to the American economy, yet politicians and pundits continually fret about it. The never-ending worry about inflation is like fighting the last war rather than the current one. What’s needed today is a war on unemployment and wage stagnation, not inflation.
“Is there anything in all of that to suggest a way forward”, a colleague asked me, “or are we just stuck here?” This essay draws on Mancur Olson’s “logic of collective action” to address this question by interpreting two anecdotes through Olson’s logic: both anecdotes involve short-sightedness, and in very different ways both involve the […]
Walmart Against Employee Free Choice Act t’s estimated 86,000 workers got fired trying to exercise their legal right to organize a union during the Bush years and signs are Corporate America will fight to keep things that way. “We like driving the car,” Wal-Mart CEO Lee Scott says, “and we’re not going to give the […]
by Robert Reich — As we bail out Wall Street along with Freddie and Fannie and all the top financial executives who have been pocketing tens of millions a year, yet allow millions of homeowners and jobless Americans to sink, it’s worth contemplating what’s happening to the American economy and to our social safety nets.