Free Trade: A Corporate Scam

Cheapest imports I can find; Come from sweat shops? I don’t mind. Free trade isn’t the only thing ruining America, but it’s a biggie. The most obvious reason is that so many jobs have gone overseas. You’d think economists might feel a duty to...

Outsourcing Television

The unemployment rate remains near double digits and many Americans have simply stopped looking for work. Yet somehow an NBC sitcom about U.S. jobs going overseas is becoming a hit. The show, called Outsourced, revolves around an American manager running a call center...

Surprise! The People Speak

Michael Duke is the Big Wally of Walmart. As CEO of the low-wage behemoth, he siphons some $19 million a year in personal pay from the global retailer. How much is $19 million? Let’s break it down in terms that Duke’s own workforce can appreciate. While...

Mapping Global Wealth

Despite our global economic hard times, the world has more than enough wealth to ensure every adult on the planet a significant nest egg. This heartening news comes from the Swiss banking giant Credit Suisse. Its first-ever Global Wealth Report crunches data for over...

I’m a Genetic Lottery Winner–Tax Me!

I am one of those lucky Americans who won the genetic lottery. That is, I was born rich. And believe it or not, my family’s business success happened because of–not in spite of–our country’s progressive tax system. My great-grandfather, William...

Tax the Rich

My accountant Found a niche; Lowered my taxes, Though I’m rich. Taxes, like death, may be certain. Unlike death they can be finagled. Finagling works best if you’re rich and can join with brethren to hire accountants, lawyers, lobbyists, and politicians to...