Raising Wages is the Next President’s Key Task   A new paper by the estimable economists at the Economic Policy Institute help all of us understand the sources of income inequality in America today.   Too often inequality is used to describe the poor growth in the standard of living in the U.S. But in fact, […]

I am truly “shocked, shocked” by the Volkswagen deceit.  Similar actions by the financial community were almost to be expected.  Certainly I expected them and if there was a surprise, it was that the financial practices were uncovered.  Financial markets are easy to manipulate. But VW’s deceit was a knockout roundhouse punch to the jaw. […]