The Dangers of Big Philanthropy

The Dangers of Big Philanthropy

It’s the season of giving. When you hear about a billionaire “giving back” — like Nike founder Phil Knight’s $400 million gift to Stanford, or hedge funder John Paulsen’s $400 million donation to Harvard — do you feel a warm glow? They...
Reagan Sold Your Future, Trump Will Too

Reagan Sold Your Future, Trump Will Too

Two generations ago, many white working-class Democrats bought into Ronald Reagan’s promise of a better nation. Eager for “morning in America” — and swayed by fear that advances for black people would come at their expense — they didn’t see that the shadow...
Where Has All the Money for Our Schools Gone?

Where Has All the Money for Our Schools Gone?

As fall approaches, millions of moms and dads are scrambling to prepare for the first day of school, excited to support their children’s success. But are schools ready to receive our kids and foster that success? Increasingly, the answer is no. In at least 18 states,...
America’s Huge Racial Wealth Gap Is No Accident

America’s Huge Racial Wealth Gap Is No Accident

Party platforms are dense and often morosely boring documents filled with wonkish policy proposals and partisan jeers at the other side. At over 40 pages, this year’s Democratic Party platform lives up to its predecessors in length and ennui. However, it also includes...
The GOP’s Pro-Corporate Prescription

The GOP’s Pro-Corporate Prescription

The conventional wisdom in Washington is that tax breaks for corporations lead to economic growth. Tax assistance for working families, on the other hand, may help them make ends meet, but it doesn’t have much impact on the economy. The conventional wisdom has it...