Tagged ‘recession’
Robert Reich: Guilded Age-level inequality threatens us all
Robert Reich, economist and former Secretary of Labor in the Clinton Administration, contributes an opinion piece in The Nation which is a particularly eloquent statement of the liberal case for sweeping economic reform.
Reich begins with the familiar outlines of the situation we face: for a variety of reasons, since the 1970s, a tiny share of the [...]
A Kansas farmers perspective on financial speculation
Chatting with Kansas Farmers Union President Donn Teske this morning, in advance of his appearance with the movie in Lincoln, Nebraska, reminded us recently that the proposed legislation to impose tighter regulation on the banks and Wall Street comes out of the Agriculture Department. Huh? As Slate’s Explainer explains:
Because traders used to gamble with corn. [...]