With rents soaring since the COVID-19 pandemic tightened the housing supply, more local governments are considering rent control to keep increases in check and, ideally, protect struggling tenants whose incomes haven’t kept pace. At the same time, some...
Topic
economy
Research says Dodd-Frank cuts interest costs
The Dodd-Frank Act's provisions to protect municipal issuers lowered interest costs in the muni market by a significant amount, according to research released Tuesday. "I estimate that for an average bond issue, Dodd-Frank resulted in about $600,000 in interest...
Paul on The Marc Steiner Show – America’s Lost Promise of Economic Rights
Inequality lies at the heart of contemporary American politics—from the dizzying power of corporations and the billionaire class to the racialized and gendered dimensions of wealth and income disparities. Yet the question of economic justice, as well as the struggle...
‘Not a perfect process’: How did the two versions of NJ’s budget differ?
As the process to craft New Jersey's state budget came to a chaotic close last month, rumors swirled about what needed to be done to ensure that the spending plan was final and complete by the time it made it to the governor’s desk. In each chamber of the Legislature,...
Paul on America’s Other Freedom
Today, Americans need not just freedom from. We need freedom to. And it starts with an economic bill of rights. For many—perhaps most—Americans, the meaning of freedom can be found in the first ten amendments to the U.S. Constitution, our hallowed Bill of Rights....
150+ economists and experts call on Paris Summit leaders to redirect trillions from fossils, debt, and the 1%
PARIS, France — Today, ahead of the June 22-23 “Summit for a New Global Financial Pact” in Paris, 150+ economists and policy experts including Jason Hickel, Olúfémi O. Táíwò, Nader Habibi, Alyssa Battistoni, and Yanis Varoufakis sent an open...
A wealth tax could help poorer countries tackle climate crisis, economists say
Tax extreme wealth to pay for the climate-related damage to the poorest, a group of more than 100 leading economists have urged. A wealth tax on the fortunes of the world’s richest people would raise trillions of dollars that could be spent on helping poorer countries...
We Need an Economic Bill of Rights
Political rights are not enough. Economic rights — the right to home, food, health care, a union, and a safe and stable planet — should be our rallying cry for a just country and world. Although the United States is richer and more productive than it ever has been,...
Tipping Culture: Almost Half of Consumers Are Tipping Less Due to Inflation
Whether eating in a restaurant or buying coffee at a drive-through, American consumers often have to decide whether or not to tip. And the rise of tip screens at every type of checkout has made this tipping decision even more common. But who should you really have to...
In ‘Ends of Freedom,’ Mark Paul shares a vision for American economy that works for everybody
Rutgers economist Mark Paul always thinks before he speaks, and when he shares his ideas, they are worth listening to. Listeners includes staff at several Congressional offices, according to his bio, and his publicist names names: U.S. Sens. Bernie Sanders and Cory...