Economic Policy

The (Il)legality of Unpaid Internships The (Il)legality of Unpaid Internships

Not being paid for work is illegal, so why aren’t unpaid internships?

Feb 3, 2010 / StudentNation / Morgan Ashenfelter

Volcker Rules Volcker Rules

Obama's endorsement of what he calls the 'Volcker Rule' for once puts him squarely on the side of ordinary Americans as opposed to the banking bandits who have so thoroughly fleece...

Feb 3, 2010 / Column / Robert Scheer

Groundhog’s Day Budgeting: Again, Obama Underfunds Job Growth Groundhog’s Day Budgeting: Again, Obama Underfunds Job Growth

The 2009 stimulus bill that was supposed to spur job creation at a sufficient rate to prevent double-digit unemployment might have done so if it had been approved at the level and ...

Feb 1, 2010 / John Nichols

A Cold Day in Washington A Cold Day in Washington

A freeze on discretionary spending may poll well, but it endorses ignorance of how the federal government spends its money.

Jan 28, 2010 / Chris Hayes

Geithner’s AIG Bailout Geithner’s AIG Bailout

Treasury Secretary Timothy Geithner was summoned to testify before the House yesterday to answer two questions: why did he sign off on AIG paying full value on insurance for bad as...

Jan 28, 2010 / Feature / Greg Kaufmann

Extracting Recovery, Too? Extracting Recovery, Too?

Yesterday it was security, today's it's recovery: another nifty, ubiquitous word that means a whole lot of different things to different people.

Jan 28, 2010 / Laura Flanders

Define Security, Mr. President Define Security, Mr. President

A three-year freeze on public spending on everything except entitlements, veterans benefits and security?

Jan 27, 2010 / Laura Flanders

Blocking Bernanke is Smart Economics, Smart Politics for Dems Blocking Bernanke is Smart Economics, Smart Politics for Dems

If the Democratic Party wants to lose – or, to be more precise, wants to lose badly in 2010 and 2012, it need only maintain its current loyalty to the most powerful interests...

Jan 25, 2010 / John Nichols

Geithner Must Go–and the Future of the Fed Geithner Must Go–and the Future of the Fed

The first casualty of the president's political debacle will likely be Timothy Geithner, the severely over-confident treasury secretary well-known as a lapdog of Wall Street.

Jan 24, 2010 / William Greider

Financial Crisis Inquiry Commission Turns Up the Heat Financial Crisis Inquiry Commission Turns Up the Heat

On the FCIC's second day of hearings, witnesses examined how Wall Street incentivized and why the Federal Reserve didn't stop subprime lending.

Jan 15, 2010 / Feature / Greg Kaufmann

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