Economy and Business
Minimum Wage, Maximum Drama
A More Down-to-Earth CEO Pay Plan
When do societies start taking a new idea seriously? Easy. New ideas gain traction when starkly different sorts of people champion them. This process is beginning to unfold with the notion of a "maximum wage," the idea that we should limit the income of our society's...
Retail Injustice
The Powers That Be say the bulk of America's middle-class manufacturing jobs are gone and aren't coming back. High-tech jobs are being outsourced, as is an increasing share of the work historically handled by our accountants, lawyers, and some other professionals....
Betting on Gambling
Tainted money For your state, When legislators Take the bait. The gambling industry's under-the-radar political heft got a shot of overdue publicity when Sheldon Adelson, its biggest mogul, tried to use casino profits to buy the U.S. presidency last year. Fortunately,...
The Interior Secretary’s Gilded Throne
Does the name Dirk Kempthorne mean anything to you? He was a little-known Idaho politico before becoming George W. Bush's industry-coddling secretary of the interior in 2006. While Dirk was not big on protecting our nation's public lands and natural resources from...
The Ever-So-Brief Success of the Income Tax
The modern federal income tax turns 100 this year, and historians are already holding special events to commemorate the anniversary. But if we really want to understand just what the federal income tax has accomplished — and failed to accomplish — over the last 100...
Free Trade Economics 101
The Road Back to Serfdom
Here I am In working prime, But all the jobs Are just part-time. The ancestors of many Americans came here to escape mingy monarchs, oppressive priests, and baleful barons who controlled all aspects of communal life back in their countries. They bravely left...
Hogging the Global Pie
Apologists for inequality have a standard retort to anyone who calls for a more equal distribution of the world's treasure. If you took all the wealth of the wealthy and divvied it up equally among all the poor, they claim, no one would gain enough to accomplish much...
Making Caregiving Count in France
Even before the ink dries on the messy budget deal that staved off the "fiscal cliff," the next fight — over raising the debt ceiling — is shaping up. Republicans say they won't vote to pay the nation's bills unless offsetting cuts are made, and Social Security is...
