The Scourge of Siphon-Up Economics

The Scourge of Siphon-Up Economics

When the Census released the latest data on inequality, most mainstream media outlets shrugged it off. That’s quite a contrast from earlier this year when inequality was all the rage. Reporters were scrambling to write about it. In January, President Barack...
Taxing the #RichKids

Taxing the #RichKids

It doesn’t take long for viewers of #RichKids of Beverly Hills to realize the show is deliberately trying to make you feel poor. Watching heiresses in their mid-twenties drop more on a day of shopping than the average American spends buying a home makes the...
Rich Man Hails Middle Class Job Creators

Rich Man Hails Middle Class Job Creators

Here’s an unusual super-rich guy with a strange message for his fellow 1-percent-of-the-1-percenters. Nick Hanauer, who made billions as an Internet entrepreneur, recently wrote an open letter to his fellow über-richies. “The true job creators are...
Let’s Give Workers Something to Cheer About

Let’s Give Workers Something to Cheer About

Labor Day is supposed to be a celebration of workers, but it’s been a long time since workers have been celebrated — or for that matter, have had a reason to celebrate. That’s because the union movement that gave us this holiday is, at least numerically, a...