Fashion Victims

Fashion Victims

You see it in stores across our country and around the world: colorful and stylish clothing with happy-sounding brand names like Children’s Place, Papaya, Joe Fresh, and Mango. But you don’t see the factories where these cheerful garments are made. Nor are...
The Internet Racket

The Internet Racket

Is your Internet bill too high? You can thank the phone and cable companies for that. Today, high-speed broadband services offered by these national carriers cost more than $500 a year and even more when customers are forced to bundle Internet access with cable or...
Banking on the Poor

Banking on the Poor

What’s a fair interest rate to pay on a loan? If you think a 300 percent annual percentage rate (APR) is no big deal, you can stop reading. But if you’d be outraged to learn that some of the country’s biggest banks — like Wells Fargo, Regions , US...
Flying Over an Act of Monumental Stupidity

Flying Over an Act of Monumental Stupidity

I knew that Congress would come to its senses eventually, that it would realize that the ham-handed budget cuts ordered by the so-called “sequester” weren’t going to work, that some government functions were too important to be cut. And I was right,...
Austerity Will Leave Us Crying ’96 Tears’

Austerity Will Leave Us Crying ’96 Tears’

Aging baby boomers may remember a 1960s rock band that sported an all-time great name. That band — Question Mark and the Mysterians — may now have a worthy rival on the name front. Make way for Reinhart-Rogoff and the Austerians. Harvard economists Carmen Reinhart and...