Even in a Pandemic, the Billionaires Are Winning

On Tuesday, as the stock market soared to a record, Chuck Collins was watching the billionaires cross a depressing threshold: $1 trillion. That is the amount of new wealth American billionaires have amassed since March, at the start of the devastating lockdowns that...

Marcus Raskin, Co-Founder of Liberal Think Tank, Dies at 83

Marcus Raskin, who channeled his discontent as a young aide in the Kennedy administration into helping to found the Institute for Policy Studies, a progressive think tank that became an abundant source of research about nuclear disarmament, the Vietnam War, economic...

The Right and Left React to Medicaid Cuts, the Travel Ban and More

The political news cycle is fast, and keeping up can be overwhelming. Trying to find differing perspectives worth your time is even harder. That’s why we have scoured the internet for political writing from the right and left that you might not have seen. Has this...

What Monkeys Can Teach Us About Fairness

Monkeys were taught in an experiment to hand over pebbles in exchange for cucumber slices. They were happy with this deal. Then the researcher randomly offered one monkey — in sight of a second — an even better deal: a grape for a pebble. Monkeys love grapes, so this...

Coal Jobs Prove Lucrative, but Not for Those in the Mines

Glenn Kellow, the coal executive who led Peabody Energy through bankruptcy, just collected an estimated $15 million stock bonus. John Eaves at Arch Coal, another recently bankrupt coal giant, got an award valued at $10 million. The view from the coal pits is far less...

Roger Wilkins, Champion of Civil Rights, Dies at 85

Roger Wilkins, who championed civil rights for black Americans for five decades as an official in the Kennedy and Johnson administrations, a foundation executive, a journalist, an author and a university professor, died on Sunday in Kensington, Md. He was 85. His...

El Salvador Wins Dispute Over Denying a Mining Permit

The government of El Salvador won a long-running legal battle on Friday when an international arbitration panel ruled that it did not have to pay compensation to a mining company that was denied a concession to drill for gold. The case had been watched by antimining...

NYT Editorial: The Warning in Wall Street Paydays

The financial crisis of 2008 and its painful aftermath wiped out jobs, incomes, savings, home equity and economic opportunity throughout the country. But it did not wipe out rich paydays on Wall Street. The average bonus on Wall Street last year was $146,200,...

Income Inequality: ‘The Rules of the Game Are Fixed’

In “America’s Stacked Deck” (column, Feb. 18), Nicholas Kristof identifies the central question facing voters in this election cycle: Should we come together to find solutions to our economic hardships, or should we find scapegoats to blame for our current woes? Mr....

U.S. CEO Retirement Packages: Bigger Than Yours

Novak tops the list of Fortune 500 CEOs with the largest retirement nest eggs, according to a study from two progressive think tanks – the Center for Effective Government and the Institute for Policy Studies.