There Is Still Racial Discrimination in Mortgage Lending
Even in this age of faceless algorithims that guide investment decisions, there is strong evidence that racism still exists in mortgage lending. This is one of the deep roots of America’s racial wealth gap.
The End of Progress in the Developed World
For hundreds of millions of people in the U.S. and Europe, the past decade has been absolutely without any advance in incomes. This could be the start of an entire generation that never sees its living standards progress.
White Republicans Are Delusional on Race
In our sharply divided partisan era, it is common for each side of the political spectrum to accuse the other of failing to understand reality. But a new survey conveniently proves that white Republicans are living in a fantasy world when it comes to race in America.
The Affordable Housing Shortage Is Very Fucking Severe
If we ever want to address poverty and inequality in America, we need to start with housing—most people’s greatest expense. A new report quantifies just how devastating our affordable housing shortage has become.
Where Did All the Working Men Go?
A new White House report shows a staggering drop in the portion of working-age men who are actually working. It also reveals deeper problems with American society.
Overtime Pay Is Real Again
Today marks the official beginning of what may go down as the most underappreciated action of Obama’s presidency: the new overtime rule, which will force more money into the pocket of the middle class.
The Academics Who Are Treated as "Less Than Janitors"
America’s well-manicured universities are supported by an entire academic underclass of very smart and very poorly paid people: the adjunct professors. They would like to tell you about the “insanely bleak” job that keeps academia chugging along.
Next Month, Switzerland Will Vote on Giving Everyone a Basic Income
The idea of granting every citizen a no-strings-attached universal basic income is still treated as a utopian idea in America. In Switzerland, they’re a month away from voting on it.
Warren Buffett Is the Best Argument for Capitalism. Is It Good Enough?
As the “Empire State of Mind” beat filled the packed CenturyLink Arena in Omaha, the chorus slid in: “At Berkshire, financial strength is what dreams are made of, there’s nothing you can’t dooooo….” The white, middle-aged crowd of investors jammed. Is this is the humble setting from which champions arise?
The Civil War Did Wonders For Economic Mobility Down South
In modern America, the ability to move up the economic food chain is a long shot. One method for shaking up entrenched economic classes that has worked in the past: civil war.

