A new kind of capitalism is emerging in which companies value communities, the environment and workers just as much as profits. Even the Business Roundtable agrees.
Amazon’s plan to invest $700 million retraining its workforce signals very soon all jobs will be STEM jobs – and higher education needs to play a bigger role.
The US hit the debt ceiling in March and is expected to run out of ways to get around the new $22 trillion limit by September. An economist explains why the ceiling is a dysfunctional relic.
A growing number of jobs are becoming less stable, with fewer benefits and stagnating wages. This is taking a significant toll on the psychological health of workers.
As the US prepares to replace NAFTA, a labor scholar who was critical of Perot but shared concerns about the deal revisits the claim that helped him become the most successful third-party candidate since Teddy Roosevelt.
Recent scandals involving economic development programs in New Jersey and Maryland highlight their many flaws, including a lack of oversight and their ineffectiveness.
New York City’s municipal budget relies heavily on the property taxes of extremely high-value real estate. That drives gentrification and distorts local policy in other ways that hurt residents.
Presidents Xi and Trump agreed to restart trade talks at the G-20, but even if a major deal is reached, US companies would still have a very hard time doing business in China.
Trump believes the money Americans spend on Chinese imports like the iPhone goes straight into China’s pockets. In reality, China gets very little value from it.
In the US, poverty is measured by income level. But that measure misses many other aspects of poverty – like unemployment, poor health and a lack of health insurance.