Economy and Business
When Workers Foot the Bill for Bailouts
Peter Drucker, the analyst who founded modern management science, died in 2005 at age 95. When he died, business leaders worldwide hailed this Austrian-born American for his enormous contribution to enterprise efficiency and effectiveness. But Peter Drucker also cared...
Invisible Hand University
This Week in OtherWords: March 20, 2013
This week in OtherWords, John Cavanagh highlights Maryland's new approach to measuring well-being and Jim Hightower explains what's wrong with Paul Ryan's latest budget proposal. Here's a clickable summary of our latest commentaries and a link to our new cartoon. If...
Inequality Is Hurting Us All
Inequality hurts us all. Imagine if you could go back 45 years to 1968. That year, after three decades of creative policy from President Franklin D. Roosevelt's New Deal through President Lyndon B. Johnson's Great Society, the United States was one of the world's most...
A Tale of Two Budgets
It was the worst of times, it was the worst of times. In a single week, the House and Senate Budget Committee chairs unveiled their budgets for the 2014 fiscal year. According to Democrats, Rep. Paul Ryan's (R-WI) budget was an unmitigated disaster that would destroy...
Are We Resigned to Living Vastly Unequal Lives?
Billionaire Warren Buffett is still paying taxes at a lower rate than his secretary. Starbucks CEO Howard Schultz pocketed $117.5 million last year. The life expectancy gap between Americans of affluent and modest means has widened by five years over the last three...
The Plan to Turn Medicare into ‘WeDon’tCare’
Apparently, Rep. Paul Ryan missed the outcome of last November's presidential election. Oh, wait — wasn't he on the ballot in that election as Mitt Romney's running mate? Well, yes, but less than five months later, the Wisconsin Republican seems to have forgotten that...
Picturing Inequality
Inequality and the Social Security Debate
Rhonda Straw is one of millions of Americans who do important work every day but still have a hard time saving for retirement. As a home health aide, Straw administers medication, changes bandages, and performs other vital services to the elderly and disabled. With an...
How Should We Confront the Corporate Greed Grab?
In America today, The New York Times reports, we're living in "a golden age" — for corporate profits. These earnings have been soaring at a 20 percent annual clip. In fact, to find a year when corporations were grabbing as great a share of America's income as they're...
