Robert Reich | TalkMarkets | Page 11
Professor, Former US Secretary of Labor
Contributor's Links: RobertReich.org
Chancellor’s Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center for Developing Economies, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the twentieth ...more

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Why College Is Necessary But Gets You Nowhere
People with college degrees continue to earn far more than people without them. And that college “premium” keeps rising.
And Now The Richest .01 Percent
The richest Americans hold more of the nation’s wealth than they have in almost a century. What do they spend it on? As you might expect, personal jets, giant yachts, works of art, and luxury penthouses.
The Choice Of The Century
If you want a single reason for why Democrats lost big on Election Day 2014 it’s this: Median household income continues to drop. This is the first “recovery” in memory when this has happened.
Empathy Deficit Disorder
A minimum-wage job is no one’s version of the American dream.
Why Government Spends More Per Pupil At Elite Private Universities Than At Public Universities
So what justifies the high per-student government subsidies at the elite private universities, and the low per-student subsidies in public universities?
Why We Allow Big Pharma To Rip Us Off
According to a new federal database put online last week, pharmaceutical companies and device makers paid doctors some $380 million in speaking and consulting fees over a five-month period in 2013.
Raising Most People’s Wages
The real job creators are not CEOs or corporations or wealthy investors. The job creators are members of America’s vast middle class and the poor, whose purchases cause businesses to expand and invest.
Why Ordinary People Bear Economic Risks And Donald Trump Doesn’t
Bankruptcy was designed so people could start over. But these days, the only ones starting over are big corporations, wealthy moguls, and Wall Street.
Harvard Business School’s Role In Widening Inequality
No institution is more responsible for educating the CEOs of American corporations than Harvard Business School – inculcating in them a set of ideas and principles that have resulted in a pay gap between CEOs and ordinary workers that’s gone from 20-to-1 fifty years ago to almost 300-to-1 today.
Berkeley Vs. Big Soda
I was phoned the other night in the middle of dinner by, and asked to do a survey. I recognized a classic “push poll,” which is part of a paid political campaign. Clearly paid for by Coca Cola and PepsiCo.
The Bankruptcy Of Detroit And The Division Of America
Judge Steven W. Rhodes of the U.S. Bankruptcy Court for the Eastern District of Michigan is now weighing Detroit’s plan to shed $7 billion of its debts and restore some $1.5 billion of city services by requiring various groups of creditors to make sacrifices.
Back To College, The Only Gateway To The Middle Class
This week, millions of young people head to college and universities, aiming for a four-year liberal arts degree. They assume that degree is the only gateway to the American middle class.
Back To School, And To Widening Inequality
American kids are getting ready to head back to school. But the schools they’re heading back to differ dramatically by family income.
The Disease Of American Democracy
Americans are sick of politics. Only 13 percent approve of the job Congress is doing, a near record low. The President’s approval ratings are also in the basement.
The Rebirth Of Stakeholder Capitalism?
What is so special about Arthur T. Demoulas, the CEO of Market Basket? Mainly, his business model.
Work And Worth
What someone is paid has little or no relationship to what their work is worth to society.
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