THE TRANS-PACIFIC PARTNERSHIP AND TEAM PFIZER Last month the Peterson Institute for International Economics released a new study that projected the impact of the Trans-Pacific Partnership (TPP...
THE FEDERAL RESERVE BOARD AND THE ELECTIONS Next month the Federal Reserve Board’s Open Market Committee (FOMC) will meet in Washington to decide how many people in the United States should h...
MILLIONAIRES GET THEIR VALENTINE FROM SOCIAL SECURITY: THOSE MAKING $1,000,000 A YEAR STOPPED PAYING INTO SOCIAL SECURITY ON FEBRUARY 14TH Social Security, the program that provides retirement,...
BERNIE SANDERS, HILLARY CLINTON, AND THE MONEY Bernie Sanders has made the corrupting role of money in politics a centerpiece of his campaign. He has argued that because campaign contributions ...
THE CONGRESSIONAL BUDGET OFFICE AND THE REEMERGENCE OF THE DEFICIT HAWKS It is often said that in Washington, no bad idea stays dead for long. This is certainly true for the crazy paranoia we s...
Today, Federal Reserve Board Chair Janet Yellen will go before Congress to report on the economy and monetary policy. A key topic of discussion will be the Fed’s decision in December to raise t...
FINANCIAL REFORM: IT’S ABOUT IMPROVING THE FINANCIAL SYSTEM, NOT 2008 As the Democratic presidential race heats up, the debate on financial reform has taken a bizarre twist. Somehow the measu...
FEDWATCH: LOW INTEREST RATES IN THE LATE 1990S LED TO 4.2 MILLION MORE WORKERS EMPLOYED In 1996, the Congressional Budget Office (CBO) projected that unemployment would rise from 5.8 to 6.0 per...
IF BILL GATES TURNED TO PHILANTHROPY: PUBLICLY FUNDED CLINICAL DRUG TRIALS High drug prices have been big news lately. Some of this has been due to straight out price gouging by the likes of Ma...
MARKET TURMOIL, THE FED, AND THE PRESIDENTIAL ELECTION The business press has been obsessed in recent weeks over the volatility in financial markets around the world. Most of the world’s majo...
According to their acolytes, the rich are great innovators and job creators. But they haven’t lived up to that billing in this century, as both job growth and overall economic growth have been ...
BERNIE SANDERS, HILLARY CLINTON, AND WALL STREET As the Democratic presidential primary heats up, one of the major issues has been which candidate has the better approach towards regulating Wal...
MISSION POSSIBLE: BREAKING UP THE BIG BANKS AND UNIVERSAL MEDICARE Senator Bernie Sanders is getting a lot of heat from political establishment types for proposals they view as outlandish. The ...
WALL STREET ROCKS! For those who closely follow financial markets the first two weeks of 2016 have been the most fun since the financial crisis triggered by the collapse of the housing bubble. ...
I saw the movie last night. It’s a great flick. If anyone doubted that it was possible to make a humorous entertaining film about credit default swaps and collaterized debt obligations, The Big...
When President Obama took office seven years ago the economy was in a full-scale tailspin. It was losing 700,000 jobs a month, the auto industry was facing bankruptcy and the major banks were on ...
Washington — JUST about every American chief executive has the same dream: to get out from under the corporate income tax. For many, that means lobbying Congress to change the tax code. But for...
THE LONG SLOW RECOVERY Last week the Labor Department reported the economy added 292,000 jobs in December, bringing the total for the year to more than 2.7 million. The unemployment rate at the...
DECEMBER JOB NUMBERS: IS THE GREAT VACATION COMING TO AN END? The Labor Department reported the economy created 292,000 jobs in December, prompting another round of celebrations from the Obama ...
Does a #MIDDLE CLASS definition extending to the 97th percentile—making $250K/yr—make sense? Use CEPR’s new calculator to come up with your definition of “middle class.” WHO ARE THE M...