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College is key to success
Kai Ryssdal: If you're in college or if you have a child in college for whom you want only the best, you're not going to like this news. The Economic Policy Institute, a think-tank in Washingon,...
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Business morality good for public morality
Tess Vigeland: Today Starbucks CEO Howard Schultz addressed the company's annual shareholders' meeting. Along with plans for boosting revenue, he discussed how business can be a force for social good....
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Is it time to break up the banks?
Last week the Dallas Fed issued an explosive report (PDF) -- predicting America will face another financial crisis and be forced to bail out Wall Street again unless the biggest banks are broken up....
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Taxing the rich is good for the economy
One of the most pernicious economic falsehoods you'll hear during the next seven months of political campaigning is there's a necessary tradeoff between fairness and growth. By this view, if we raise...
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Should U.S. fear austerity?
Europe's austerity economics is plunging the continent into recession. But the U.S. isn't far behind. Here, first-quarter growth slowed largely because of cuts in government spending. And early next...
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Time to bring back Glass-Steagall?
In 1933, at the height of the Great Depression, Congress passed a law that came to be known as the Glass-Steagall Act. Its purpose was to protect the savings of millions of depositors from being...
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How to avoid the 'fiscal cliff'
We now know austerity economics is bad for weak economies facing large budget deficits. Much of Europe is in recession because of budget cuts demanded by Germany. And as Europe's economies shrink,...
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SCOTUS decision on health care law may spark more options
Any day now the Supreme Court will issue its ruling on the constitutionality of the Affordable Care Act, which even the White House now calls Obamacare. Most observers of the High Court think it will...
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Can big fraud settlements curb corporate misdeeds?
The charges were deadly serious. Among other things, Glaxo was alleged to have promoted to kids under 18 an antidepressant approved only for adults and for pushing two other anti-depressants for...
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Mandatory, extended vacation is good for the economy
Here's an idea I offer free of charge to any candidate running for office this fall: Propose that every American get a mandatory minimum of three weeks paid vacation a year. Most Americans only get...
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Who's got the right plan to boost growth?
It's fewer than eight weeks to Election Day and neither party has put forward a truly convincing plan for reviving job growth. That's largely because neither of the standard remedies our parties cling...
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Is technology to blame for chronic unemployment?
Most of us assume that at some point the economy is going to kick into gear. That unemployment will eventually drop below 6 percent, and that job creation will return to its previous clip of 200,000 a...
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'Cliff' fix should include triggers
The president and Congress need to be careful on how they craft any deal to back us away from the fiscal cliff. We’ve got two big economic challenges ahead: getting the economy back on track, and...
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Spirit of the (cyber)season
The essence of gift-giving is not just the gift itself but also the effort that goes into it. Few of us have the time or skill to make a gift from scratch, but we used to at least spend days finding...
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Robert Reich: Why we should break up the banks
OK, here's my prediction for this year's biggest bipartisan economic initiative: This is the year we break up Wall Street's biggest banks. Why do I think so? First, they're far bigger than they were...
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Infrastructure should have its own budget
In his State of the Union address last night, President Obama talked about the economic importance of education and infrastructure. That's all well and good. But how do we fund these investments when...
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Housing recovery: Good for would-be homeowners?
The Federal Reserve's bond and mortgage purchases have kept long-term interest rates low, but they haven't done what the Fed intended -- which was to help would-be home buyers get affordable...
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'Chained CPI' hurts seniors
President Obama released a budget proposal today that among other things calls for reducing Social Security payments by using a formula to calculate inflation that's stingier than the current one....
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Is immigration bad for the deficit?
The Senate Judiciary Committee starts weighing a new immigration bill this week, and one of the biggest worries is over costs. Opponents say legalizing undocumented immigrants will put added strain on...
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Film 'Inequality for All' takes on the income gap
The documentary film "Inequality for All" opens in theaters Friday, starring former Labor Secretary Robert Reich. Director Jacob Kornbluth follows Reich through his day, teaching a class on wealth and...
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