“Move Your Money” and Help Your Local Community

It’s been 64 years since George Bailey and his friends and neighbors saved his community bank in the classic “It’s a Wonderful Life.” Today, the desire and need to save local communities is just as important and urgent as it was in that wonderful...

GOP Wages War on Safeguards That Protect Us All

Yesterday, Matt Madia, a policy analyst at OMB Watch, Robert Weissman, president at Public Citizen, Peter Iwanowicz of the American Lung Association, and I participated in a media briefing to call attention to Representative Darrell Issa’s (R-CA) plans to hold...

Stranger in a Strange Land

I landed last week in a somewhat unusual place for someone like me: the annual meeting of the American Economics Association (AEA) in Denver. While en route to the event, I realized it was the first time that I can remember that I was attending a conference as a...

Of the people, by the people, for the people

I believe in an America committed to the democratic ideal of government of the people, by the people and for the people. That’s why, on Friday, January 21, 2011, I was proud to be among the business leaders who announced the launch of Business for Democracy, a...

The 30 Year War on Middle Class America

In the 1980s, 1990s, and 2000s, the American economy experienced long periods of prosperity, in which GDP growth performed quite well. At the same time, inequality rose rapidly. Yet rather than seeking to correct the inequality through redistributive policies,...

Happy Holidays, America

“Exuberance made a comeback this year at Josh Koplewicz’s annual Halloween party. More than 1,000 people packed into a 6,000-square-foot space at the Good Units night club in Manhattan, a substantially larger crowd than in the last several years. The open bar was...

The Global Implications of Our Ethical Decisions

Thomas Friedman wrote several weeks ago about our interconnected yet uncertain future. “In a world where our demand for Chinese-made sneakers produces pollution that melts South America’s glaciers, in a world where Greek tax-evasion can weaken the euro,...