By Les Leopold “In his bestselling Capital in the 21st Century, economist Thomas Piketty alerted the world to the new aristocracy of wealth being formed by runaway inequality.  We have only to look at the state of Illinois to see what…

By Zaid Jilani “One part of the White House’s proposed tax reform framework would involve a “tax repatriation” holiday for U.S. corporations that are storing profits overseas. The logic is that offering a lower tax rate to corporations would entice them to…

By Raj Thamotheram “Investors are salivating over possible US corporate tax cuts. But evidence suggests this excitement is misplaced, at least from the perspective of the end beneficiaries. Corporate tax cuts boost share price and CEO pay. Hence, they are…

By Institute for New Economic Thinking (INET) “Since the late 1980s, the dominant ideology of corporate governance in the United States has been that, for the sake of superior economic performance, companies should “maximize shareholder value” (MSV). As promulgated by…

By Arran Frood “The outsized role that money can have in drug development has become a hot-button issue. One July 2017 working paper found, for example, that some of the largest pharmaceutical companies in the world spend more money buying…

By Vindu Goel “IBM dominated the early decades of computing with inventions such as the mainframe and the floppy disk. Its offices and factories, stretching from upstate New York to Silicon Valley, were hubs of American innovation long before Microsoft…

By Arne Alsin “As a general rule, you probably won’t find too many CEOs that are particularly critical of high pay. Don’t bite from the hand that feeds you, right?”… [Click HERE to read the full article]

By Stephanie Blankenburg and Richard Kozol-Wright “Since the 2008 financial crisis, policymakers and international institutions have regularly expressed concerns about widening income inequality and its unwelcome political consequences. More often than not, they attribute the problem to “exogenous” factors such as global…

By Linette Lopez “The Trump administration has yet to take any meaningful action on lowering the price of drugs in America, and we may have just found out why. In a CNBC interview on Friday, Commerce Secretary Wilbur Ross demonstrated that he had…

By Hedrick Smith “Riding a tide of tax cuts and rising profits over four decades, the captains of corporate America have shifted $1 trillion each year from the paychecks of middle class Americans into massive payoffs to Wall Street investors…