Wall Street’s Bonus Inflation

Wall Street’s Bonus Inflation

Not too many years ago, any news story about bonus money would’ve been about some 20-year-old baseball player — an up-and-coming superstar getting $100,000 or so on top of his salary as an extra incentive to join the Yankees, Giants, or whatever team....
Highway Robbery

Highway Robbery

No matter how hard lawmakers try to close their eyes, click their heels, and hope for the best, they can’t make highway funding magically appear. But that doesn’t stop them fiddling and flailing as they burn through the Highway Trust Fund. The Highway...
Wall Street Bonuses vs the Minimum Wage

Wall Street Bonuses vs the Minimum Wage

Purveyors of Ferraris and high-end Swiss watches keep their fingers crossed toward the end of each calendar year, hoping that the big Wall Street banks will be generous with their annual cash bonuses. New figures show that the bonus bonanza of 2013 didn’t...
Striking for the Public University

Striking for the Public University

Earlier this year, hundreds of faculty members at the University of Illinois-Chicago canceled their classes and went on strike. In the first faculty walkout in UIC history, they picketed the campus for two days. What could professors possibly have to complain about?...
The Corporate Land of Oz

The Corporate Land of Oz

In L. Frank Baum’s novel, The Wonderful Wizard of Oz, the “wizard’ turns out to be a phony — just an old guy sitting behind a curtain, using his booming voice to spew nonsense in a vain effort to fool people. But now, a century after Baum’s...