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…
AIR IMPACT
Recognition of AIR research, opinions, and people in the media and elsewhere
It looks like Trump’s people have fallen for big pharma’s nonsense, hook, line, and sinker
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…
Think corporate tax cuts will mean more jobs? Here’s how you’re being conned
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…
We get sick, they get rich
By Sam Pizzigati “Our current health care system in the United States works just fine — for the corporate executives who run it. Take, for instance, Michael Mussallem. This eminent power suit has been the CEO at Edwards Lifesciences, a…
Jamie Dimon needs to stop gaslighting America
By Linette Lopez “Jamie Dimon, the CEO of JPMorgan Chase — the biggest bank in America — needs to stop gaslighting the entire country. For quarter after quarter — just as he did on Tuesday — he has joined with…
Is capitalism killing America?
By Theodore Kinni “On August 2, 2017, the Dow Jones Industrial Average hit a record-breaking 22,000 — its fourth 1,000-point advance in less than a year. That same day, I read the first sentence in Peter Georgescu new book, Capitalists Arise! End Economic…
The case for stock buybacks
By Alex Edmans “If paying excessive CEO salaries is the most maligned use of corporate funds, stock buybacks may well take second place. Conventional wisdom is that CEOs buy back stock to manipulate the short-term stock price. They fund the…
Destructive Stock Buybacks—That You Pay For
By Ralph Nader “The monster of economic waste—over $7 trillion of dictated stock buybacks since 2003 by the self-enriching CEOs of large corporations—started with a little noticed change in 1982 by the Securities and Exchange Commission (SEC) under President Ronald…
Hajj: Antidote for the malignancy of American materialism
By Yuram Abdullah Weiler “Muslims of the world, whether Sunni or Shi’a, can attest to the veracity of Imam Khomeini’s words of nearly a half century ago. Since those prescient words were uttered by the Founder of the Islamic Republic…
Molinaroli left his mark on Johnson Controls in his brief, tumultuous tenure as CEO
By Guy Boulton “In less than three years, Alex Molinaroli transformed Johnson Controls Inc., setting off a burst of deal-making that culminated in the 132-year-old company being bought by Tyco International and its official headquarters being moved to Cork, Ireland.”… [Click HERE to read…
