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Trickle-Down Economics

  • By
  • Charles Kenny,
  • New America Foundation
December 5, 2011 |

As the U.N. climate change meetings meander on in Durban, South Africa, with little sign of major breakthrough -- and soon after news that the last year saw the largest rise in carbon emissions in history -- it is a good time to think about how to deal with some of the impacts of a global warming that appear increasingly inevitable.

'Occupy Wall Street' and Obama

  • By
  • Mark Hertsgaard,
  • New America Foundation
November 10, 2011 |

SAN FRANCISCO, CALIFORNIA - The bursting to life of the Occupy Wall Street movement is the most hopeful development in American politics since Barack Obama was elected president three years ago this month. Obama's election has turned out to be largely a false hope. But that false hope might still be redeemed - and the president motivated to become the reformer he once pledged to be - if the Occupy movement grows into the kind of massive, broad-based, relentless movement no president can afford to ignore.

The Myth of the Middle Class

  • By
  • Charles Kenny,
  • New America Foundation
September 19, 2011 |

A little more than 160 years ago, a powerful analysis of the role of the middle class in economic development was unleashed on the Victorian public. It described how monopolistic guilds had been "pushed on one side by the manufacturing middle class" which "developed [and] increased its capital" as it reformed economies and polities. The middle class had "created more massive and more colossal productive forces than have all preceding generations together," the text suggested.

Working, but Still Poor

  • By
  • Kat Aaron,
  • New America Foundation
  • and Lynne Perri, Investigative Reporting Workshop
September 14, 2011 |

From the president to Congress to nearly every neighborhood in America, the focus today is on job creation. But for millions of Americans, just having a job doesn't mean prosperity or anything like it. Nearly one in six Americans lived in poverty in 2010, according to data released today by the Census Bureau. That's 46.2 million people, the highest number ever recorded in the 52 years that poverty estimates have been calculated.

Losing Middle America?

  • By
  • Lauren Damme,
  • New America Foundation
September 15, 2011

Is the American Dream of opportunity and increasing prosperity out of reach for the average American worker? What is happening to the American middle class? If the labor market ‘polarizes’ into low- and high-income jobs, what does this mean for continuing inequality in America? What does it mean for the American social contract, and the American Dream?

The Intellectual Collapse of Left and Right

  • By
  • Michael Lind,
  • New America Foundation
August 23, 2011 |

Democrats and Republicans alike are failing to convince the American people that they have the answer to their country's problems. Underneath, however, lies a deeper intellectual confusion. The two most plausible visions developed by the US centre-left and centre-right – the "knowledge economy" and the "ownership society" – lie in tatters, leaving a void in America's discussion of its economic future.

A Strike Too Far

  • By
  • Megan McArdle,
  • New America Foundation
August 22, 2011 |

If a union falls by the wayside and nobody notices, does it make a difference?

Verizon's union workforce will return to work tomorrow, after a 16-day strike. You may have noticed that you didn't notice.

Making Low-Interest Auto Loans Work

  • By
  • Lisa Margonelli,
  • New America Foundation
August 16, 2011 |

Last week I wrote about the New England-based program More Than Wheels, which helps people get low-interest loans on new or good used cars, and allows them to save money on repairs, gas and financing. Most of the commenters — especially those who live in rural areas — liked the idea of the program, but there were a few persistent questions and issues:

Are cars necessary?

The World Will Be More Crowded — With Old People

  • By
  • Phillip Longman,
  • New America Foundation
August 16, 2011 |

Demography is not destiny, as is sometimes claimed. The human race could be wiped out by a plague or an asteroid, or transformed by some new technology. But no matter what, today's patterns of fertility, migration, and mortality fundamentally determine how much society will or can change for many generations to come.

The Cultural Evolution

  • By
  • Charles Kenny,
  • New America Foundation
August 8, 2011 |

As hundreds of same-sex couples swapped vows two weeks ago on the day that their weddings became legally recognized in New York, commentators took the opportunity to marvel once more at the dramatic change in U.S.

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