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Category: Economy

Narcissists Gone Wild!

by Sam Pizzigati | Aug 1, 2014 | Economy

  Narcissists don’t happen to be particularly nice people. They preen. They grab. And they never ever really feel our pain. Extremely self-centered people, some fascinating new business school research shows, also don’t make for particularly effective corporate CEOs. This new research—conducted by business school analysts at the University of Southern California and the University of Arizona—examines […]

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Are We Really Doomed?

by Dean Baker | Jul 23, 2014 | Economy

  The French economist Thomas Piketty has managed to accomplish a feat almost without precedent among economists in this country. He wrote a book that has made it to the top of the best seller list. Furthermore, the book is almost 700 pages long and borrows its title from Karl Marx. The remarkable popularity of […]

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Want Fries with That Subsidy?

by Lou Dubose | Jun 28, 2014 | Economy

  Almost 60 percent of food-service workers are classified as low wage, the highest percentage in any industry. A report by the Institute for Policy Studies released in April—“Restaurant Industry Pay: Taxpayers’ Double Burden”—examines the winners and losers in an industry as American as the Big Mac. Workers, unsurprisingly, don’t fare well. Big corporate restaurant […]

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Can’t Survive on $7.25

by Marjorie Elizabeth Wood | Jun 23, 2014 | Economy

  The National Restaurant Association wrapped up its annual lobby days in Washington at the end of April. Called “the other NRA,” the corporate lobby’s top priority is to prevent an increase in the minimum wage. Congress is expected to vote on a bill to raise the federal minimum wage from $7.25 to $10.10 some […]

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How to End California’s Water Crisis

by Polly Cleveland | Apr 3, 2014 | Economy

(Photo Source: AJAM) It’s sounding again like the drought of 1976-77: “Shower with a friend.” “Put a brick in your toilet tank.” “Fix your leaky faucet.” “Replace your lawn with a cactus garden.” And then the pictures: denuded ski slopes, boat docks resting on the bottom of empty reservoirs, dry brown furrows stretching to the […]

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