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How weak overtime protections contribute to inequality

A key number for calculating overtime pay hasn't been adequately updated since 1975 — economists hope that changes.
Joe Raedle/Getty Images

Rethinking the U.S.-China relationship under the Biden administration

Economist Dean Baker says the two should be sharing intellectual property in health care and climate technology, "not fighting over it."
Then-U.S. Vice President Joe Biden speaking in Beijing in 2013. As president, Biden will inherit a complicated relationship between the giant economies.
Lintao Zhang/Getty Images

New Rand study quantifies cost of rising U.S. inequality

Dec 8, 2020
In the past 40 years, income inequality has cost 90% of workers about $2.5 trillion, the Rand study suggests.
From the mid-1970s on, while the U.S. economy has grown, fewer people have reaped the benefits.
Spencer Platt/Getty Images

Student loan debt adds to racial wealth disparities, research finds

The costs for Black borrowers to pursue a college have been growing exponentially.
Robyn Beck/AFP via Getty Images

The gig economy and how workers might win it back

One way to rethink the "sharing economy" involves setting up co-ops on apps.
Mario Tama/Getty Images

The "Detroitist" on her dad's record shop and what it really meant

Aug 21, 2020
Marsha Music talks about her hometown and how urban renewal efforts uprooted the family business.
Joe Von Battle inside his record shop on Hastings Street in Detroit.
Photo from the Collection of Marsha Music

The need for an equity-based universal basic income

Aug 21, 2020
José Quiñonez says a targeted, data-driven system will help us during and after the COVID-19 pandemic.
EricGerrard/Getty Images

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Organizing labor in an era of temporary work and the gig economy

The labor movement of the future moves beyond traditional collective bargaining, says former SEIU Local 26 President Javier Morillo.
The challenge facing the labor movement today, and in the last decades, has been to adjust to an economy that doesn’t depend on industrial jobs, but temporary workers.
Scott Olson/Getty Images

Eliminating the concept of waste from the economy

Aug 19, 2020
For architect William McDonough, an economy of the future is a "circular economy."
"If we're destroying the Earth, we have to ask ourselves, is this is our intention? And if it's not, perhaps we need a new design," architect William McDonough says.
David McNew/Getty Images

Universal basic income, blockchain and more: Reimagining the next decade

"If people don't have money in their pockets, then this type of economy that we have can't work," says Wharton professor Mauro Guillén.
Mauro Guillén says that the future uses of blockchain, the underlying technology for cryptocurrencies, include incentivizing "prosocial behavior" like energy conservation.
Petras Malukas/AFP via Getty Images