Business Robert Reich

  • The 'Soda Wars' are coming to your town

    Berkely, Calif. is facing major opposition from the beverage industry for its proposed soda tax, which will be on the ballot in November. The beverage industry has spent millions defeating such measures across the country, but can it do so in America's most progressive city? 

  • Why the poor are paying for Detroit's bankruptcy

    Detroit's bankruptcy is a model for how wealthier and whiter Americans escape the costs of public goods they’d otherwise share with poorer and darker Americans. Are Detroit, its public employees, poor residents, and bondholders the only ones who should sacrifice when 'Detroit' can’t pay its bills? Or does the relevant sphere of responsibility include Detroit’s affluent suburbs?

  • College shouldn't be the only gateway to the middle class

    Millions of young people head to college and universities, assuming that a four-year liberal arts degree is the only gateway to the American middle class. It shouldn’t be.

  • Jeb, Mitt zero in on inequality. Can Republicans get it right this time?

    Jeb Bush and Mitt Romney have outlined plans to reverse widening income inequality, alleviate poverty, and provide 'opportunity for all.'  However, evidence suggests that almost every time a Republican has moved into the White House, his policies have widened inequality. 

  • Why wages won't rise

    For worker wages to rise, the unemployment rate would have to sink far lower than it is today, probably below 4 percent. And there’s reason to believe the link between falling unemployment and rising wages has been severed.

  • How insider traders are rigging America

    Insider trading is illegal but major players on Wall Street still make tons of money because they're good at using confidential information.

January 30, 2015

Photos of the day 01/30

Bangladeshi daredevil S.M. Rashed performs inside the Well of Death at a trade fair in Dhaka, Bangladesh, Friday.

More Robert Reich

Loading...