Fix the Minimum Wage

Fix the Minimum Wage

In most states, working full-time in a minimum-wage job pays $7.25 per hour. That’s just $15,000 a year for full-time work. It’s not enough to live on. In fact, a breadwinner for a family of four earning the minimum wage would be a full $7,000 below the...
The 64-Gazillion-Dollar Question

The 64-Gazillion-Dollar Question

Peter Edelman has battled poverty for nearly half a century — first as a top aide to Senator Robert Kennedy, later as a state and federal official, and currently as a key figure at a widely respected law and public policy center in Washington. Over his years in...
Occupy Wall Street Paved the Way

Occupy Wall Street Paved the Way

Super-rich Don’t hear our woes; They attend, To cars and clothes. The Occupy movement seems somewhat subdued these days. That’s largely because the 1 percent is ready for them. Consider how Chicago Mayor Rahm Emanuel prepared for the May NATO conference in...
Grabbing Bigger Slices of Pie

Grabbing Bigger Slices of Pie

What happens when nations cut taxes for their richest citizens? Economists Thomas Piketty and Emmanuel Saez, two of the world’s most respected authorities on the incomes of rich people, have a straightforward answer: In nations that slash tax rates on high...