Francis Townsend had a similar if less ambitious idea in the 1930s that never got through Congress but ended up making Social Security a lot more generous.
The Fed’s Jerome Powell keeps his cards close to his chest.
AP Photo/Patrick Semansky
South Africa’s economic reforms of the 1990s were overdone, destroying some industries and thus impacting economic growth and job creation. A re-balancing of industrial policy is called for.
Congress was once the seat of all power on U.S. trade policy.
AP Photo
The Fed is in a tricky position as it signals it may soon cut interest rates to boost the economy, which also risks spurring runaway inflation and even an economic downturn.
Just off Washington Square in New York City.
Frej Berg/Flickr
Trees clean urban air, store carbon, slow floodwaters and can be used to design safer streets. Scholars are starting to calculate what these services are worth – a fitting topic for Arbor Day.
The WTO’s home in Geneva.
Martin Good/Shutterstock.com
Stephen J. Silvia, American University School of International Service
A quarter-century ago, more than 100 nations agreed to engage in freer trade with one another and signed the declaration that established the World Trade Organization.
The Chickamauga Dam, completed in 1940, was a crowning achievement of the New Deal.
Everett Historical/Shutterstock
It’s been a decade since the worst financial crisis since the Great Depression, and blacks still haven’t fully recovered financially, leaving them unprepared if another recession hits.
Kentucky bourbon is among the products targeted with retaliatory tariffs by the EU.
AP Photo/Jeff Chiu
Stephen J. Silvia, American University School of International Service
Trump has often talked about leaving the World Trade Organization. An economist explains what it is and what would happen if the president had his way.
Wall Street needs a new face.
AP Photo/Frank Franklin II
On April 5, 1933, President Franklin Roosevelt created the Civilian Conservation Corps, a massive relief program that paid young men to plant trees and build parks across the nation. It was money well spent.
A big part of that check is being drawn from middle-class accounts.
AP Photo/Jacquelyn Martin
The American middle class has been on a rocky ride during the 20th century, surging after World War II but falling since the 1980s. The Republican tax plan may be its death knell.
Women shipfitters working on board the USS Nereus at the U.S. Navy Yard in Mare Island, circa 1943.
Department of Defense
Thousands of American women moved west to take advantage of wartime employment opportunities during WWII. For some, this version of the California dream was temporary; for others, it lasted a lifetime.
Trump will soon learn the costs of going it alone on trade.
AP Photo/Andrew Harnik
The World Bank has changed direction. It won’t be giving up on public funding, but it will increasingly be trying to attract private investors to developing countries.
Larissa Pisney of Denver protests outside the Aurora, Colorado offices of Rep. Mike Coffman (R-Colorado) to show her displeasure with efforts to dismantle the ACA.
David Zalubowski/AP
Cutting back or cutting out social safety net programs, as the Senate and House health care proposals would do, is rare. Here’s a look at how such actions have fared.