The Return of Vulture Capitalism

In 1913 the great American lawyer Louis Brandeis railed against “The Curse of Bigness” in Harper’s Weekly, documenting the troubling concentration of economic power among the new tycoons and trusts of the industrial age, from railroads to steel to oil. By establishing monopolies, he argued, these private actors could dictate prices and shape the terms […]

Are We Ready for the Next Recession?

June’s job numbers were rosy and so is the Federal Reserve’s outlook on the ability of big banks to weather another recession. But concerns persist about the strength of the economic recovery, and more worryingly, economists have warned that the country is not ready for the next recession when it hits. What can be done […]

On Views of Race and Inequality, Blacks and Whites Are Worlds Apart

Almost eight years after Barack Obama’s election as the nation’s first black president –an event that engendered a sense of optimism among many Americans about the future of race relations1 – a series of flashpoints around the U.S. has exposed deep racial divides and reignited a national conversation about race. A new Pew Research Center […]