Portside

Seven reasons why we should be raising the federal minimum to $15 an hour

Walmart employees consume billions in food stamps each year, but raising their wages to a point where they wouldn’t need them anymore would only increase prices by about 1.4 percent

Lewis’s depicts the kind of high-frequency trading that can transmit stock market information from New York to Chicago and back in one-tenth of the blink of an eye and has divided the world of stock traders into the haves and have-nots, depending on what speeds they can afford.

Sarah Jones: One Woman, Eight Hilarious Characters. Donald Rumsfeld: The Unknown Known. A Dog, a Noun and a Verb. Open Access Explained! Stop Freaking Out About the Debt.

Despite decades of efforts on behalf of equal pay for women, women still earn on average 77 cents for every dollar a man earns. Legislation increasing the minimum wage to $10.10 would narrow that gap by 5 percent

In the 1950s and 1960s, the richest 1 percent took home 9 to 10 percent of total income. Today the top 1 percent gets more than 20 percent.

We could dramatically reduce the financial sector or cut its profits, salaries and bonuses without harming the economy.

The objective of the ideological project of the economics profession in the current era is to provide a theoretical foundation for unregulated financial markets and unregulated capitalism. The fact that the project has succeeded in the face of logic and history is admittedly a fantastic conjurers’ trick, but it is ridiculous to award Nobel Prizes to the conjurers.