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Economy – Articles, Analysis, Opinion

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Americans make charitable donations for many reasons. Andrey_Popov/Shutterstock.com

What influences American giving?

Economic trends, not politics, typically influence how money money Americans donate to charity. Yet some advocacy groups say their donations surged after the 2016 presidential election.
Members of Patriotic Millionaires, whose privileged members advocate for higher taxes on the rich, met with lawmakers in this 2015 photo to discuss legislation to close the carried interest loophole. Senate Democrats

How some rich people are trying to dismantle inequality

When the wealthy become unlikely allies in the fight against inequality, they often take similar steps. It all starts with acknowledging their own privileges.
People have always asked for alms, including the men depicted in this 17th-century European etching. Wenceslaus Hollar/The Metropolitan Museum of Art

Give and take: Credentials could aid panhandling

The courts are saying that down-and-out Americans have a right to seek curbside alms despite efforts to ban the practice. Two scholars have come up with an alternative to anti-panhandling ordinances.
This is what a marijuana plant, growing legally in Colorado, looks like. Reuters/Rick Wilking

Pot with patents could plant the seeds of future lawsuits

The federal government outlaws marijuana, but many states are legalizing it. Coupled with the growing number of cannabis-related patents, the potential for court battles is dizzying.
Decreased regulation has failed to reduce the growing administrative burden of health care. Valeri Potapova/Shutterstock.com

Why market competition has not brought down health care costs

GOP lawmakers say their bills to replace the Affordable Care Act would do a better job than the ACA of controlling rising health care costs, but 40 years of deregulation show it just won’t work.
The number of Americans who can get a tax break through their charitable contributions could tumble during the Trump administration. Helen's Photos/www.shutterstock.com

Why Congress should let everyone deduct charitable gifts from their taxes

The tax changes Trump and GOP lawmakers propose would reduce charitable giving, research suggests. But letting everyone use a tax break mostly enjoyed by the rich might prevent that.
Jeff Bezos (right), now the world’s second-richest person, is charting a different course for his philanthropy than Bill Gates (left), the richest, and Warren Buffett (center), who has fallen to third place. Reuters/Jim Tanner

What Jeff Bezos gets wrong (and right) with his populist philanthropy

Amazon’s founder turned to Twitter to crowdsource ideas for his charitable giving. This populist approach and his preference for short-term results set Jeff Bezos apart from other mega-donors.
SNAP helps millions of Americans get food on their tables. Rawpixel.com/Shutterstock.com

The Trump team’s poor arguments for slashing SNAP

Cutting the program formerly known as food stamps would hurt low-income Americans and the whole economy. As research indicates that it’s working well, this drive to defund is baffling experts.