You Searched For "paul constant" and got 20 results
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4 mins read
A 63-year-old working 2 jobs is worried about retirement. She says she's been overeducated and underpaid her entire career.
Cathy, a 63-year-old clerical worker in Minnesota, fears she may never be able to fully retire, eve…
Noah Sheidlower
7 mins read
Corporate America got woke. Now it's having second thoughts.
Companies were eager to undertake ESG and DEI efforts a few years ago. Now, their talk and actions …
Emily Stewart
5 mins read
I left Goldman Sachs after 20 years to become a pastor after I lost my sense of purpose. I get paid next to nothing but I cherish my freedom.
The excitement of working at Goldman Sachs kept Kristin Breuss there for almost 20 years. Then she …
Kim Schewitz
3 mins read
Top US economists argue millions of Americans must lose their jobs to stop inflation. They couldn't have it more wrong.
Former Treasury Secretary Larry Summers and Fed Chair Jerome Powell cling to a fix that's backward …
Paul Constant
4 mins read
The Twitter drama among powerful people over high gas prices revealed a lot about who gets what and why — and Americans are still waiting on a solution
"When powerful people invoke the free market as an excuse for high prices, they don't necessarily h…
Paul Constant
3 mins read
History gives us a clue as to how we can solve global wealth inequality
Massive wealth inequality is a fairly recent invention. Understanding our past can help us better d…
Paul Constant
4 mins read
Leaders on both sides evaluate policy through an Econ 101 lens, but cost-efficiency isn't the best measurement of effective policy
Huge, ambitious programs enacted in the early-to-mid 20th century are still around today for a reas…
Paul Constant
3 mins read
An economist shares 3 policies that can reverse income inequality — and what the US can learn from them
Other capitalist countries have actively tried to reduce inequality through policy change — and suc…
Paul Constant
4 mins read
A new proposed tax on Big Oil's profit markups offers a solution for cash-strapped Americans
Big Oil has taken advantage of inflation to raise gas prices. Here's how a new piece of legislation…
Paul Constant
4 mins read
3 policies in Biden's 2023 budget proposal that will restrict corporate power and benefit workers
The Roosevelt Institute's Nick Lusiani says restrictions on stock buybacks and tax increases on the…
Paul Constant
4 mins read
How private equity firms cash in on struggling businesses like Toys R Us and leave retail employees high and dry
Jim Baker of the Stakeholder Project says these firms buy fledgling retailers, default on their loa…
Paul Constant
3 mins read
A new report found that 22 major corporations spent more on stock buybacks than raising worker wages during the pandemic
The study found that while these companies shelled out $800 billion on stock buybacks, they only sp…
Paul Constant
4 mins read
A new company wage tracker explains why so many hourly workers are choosing to unionize
With many companies, like Taco Bell and Dollar General, mostly paying less than $15 an hour, worker…
Paul Constant
4 mins read
How outlawing stock buybacks would protect the power gains of American workers' recent union wins
Stock buybacks take millions in corporate profit and hand them to the wealthy few. That money could…
Paul Constant
3 mins read
America's mass-incarceration problem is a huge cost suck for the entire economy — but it's especially devastating for minority communities
One study estimates the cost of incarceration in the US is $180 billion a year. "Throwing more poli…
Paul Constant
4 mins read
American workers would make more than $20 an hour if minimum wage kept pace with productivity, an economist says
A higher minimum wage would supercharge the economy, says Dean Baker, as workers would have more mo…
Paul Constant
4 mins read
Raising interest rates won't fix the real reason behind inflation: price-gouging and corporate greed
The high cost of goods right now isn't just a product of the pandemic. It's also a result of years …
Paul Constant
3 mins read
Economic policy is full of false assumptions that benefit the wealthy and undercut average Americans — just look at how CEOs are paid
Theorists say paying CEOs in stock options incentivizes them to act like shareholders and boost the…
Paul Constant
4 mins read
Congress treats the Congressional Budget Office like a crystal ball for legislation, but one economist says their models are built on flawed assumptions
Economist Mark Paul says the office's cost-benefit analysis of Biden's Build Back Better plan false…
Paul Constant
3 mins read
The wealthy elite who gather in Davos to talk about saving the planet always ignore the best solution: paying more taxes
Economist Peter Goodman says Davos' promotion of "win-win solutions to every problem" is a "great w…