Childcare in the US is broken. Half-measures from employers won’t cut it — here’s what will. — The early days of the pandemic were terrible for all American workers — but the job losses that followed had a truly catastrophic impact on women. …

The American appetite to tax the rich is high — and growing with each passing year — Over the last 40 or so years, elected leaders on both sides of the political aisle have slashed taxes for wealthy Americans and corporations and sold those tax cuts as a surefire method of promoting economic growth for everyone. In 2017, President Trump famously called his tax-cut plan “rocket fuel”…

The average S&P 500 CEO makes $18.3 million a year, but the minimum wage hasn’t changed since 2009. It’s time to pay up. — July marked the 13th anniversary of the day that the federal minimum wage increased to $7.25, where it’s remained today. This is by far the longest period without a federal minimum-wage increase since the wage was established in 1938. And because that number has stayed stuck while prices keep rising…

The Inflation Reduction Act’s tax on stock buybacks isn’t a perfect solution to close the wealth gap — but it’s a step in the right direction — Since the Inflation Reduction Act successfully passed through the Senate, pundits and organizations have spotlighted what they believe to be the most consequential parts of the bill. Progressive and environmental groups have praised the IRA’s water conservation efforts, its incentivizing of the purchase of electrical vehicles and appliances, and its…

The Congressional Budget Office predicts the outcome of economic policy, but one economist says their models are flawed — Last winter, as Congressional discussions over President Biden’s proposed Build Back Better legislation were heating up, the Congressional Budget Office issued a cost-benefit assessment of the bill. CNBC’s Jacob Pramuk reported in November that the CBO found the BBB “would increase the budget deficit by $367 billion over the years…

Many Americans think of education and transportation as public goods, but they’re actually heavily privatized. That’s bad news for all of us. — Barring a few radical Ayn Rand-style libertarians, most everyone agrees on the importance of public goods. Americans use public parks and libraries, send our kids to public school, and rely on regulations to keep our air, water, and food clean. But in a recent episode of “Pitchfork Economics,” Donald Cohen…

The Fed’s plan to combat recessions rarely works and often benefits the already-rich — here’s why. — In 2008, when the real-estate bubble burst and the whole world staggered on the precipice of total economic disaster, the Federal Reserve leapt into action to try to save the economy. The planet’s most powerful people — world leaders, the media, heads of elite institutions — basically had to helplessly…

Why it’s crucial for lawmakers to protect and empower unions as union popularity rises across the US — Labor unions have enjoyed plenty of time in the spotlight over the last year, with high-profile union drives at Amazon warehouses and Starbucks stores across the country and strikes at snack food factories and John Deere manufacturing plants. Public support is higher than it’s been since the 1960s, with about…

Raising interest rates won’t fix the real reason behind inflation: price-gouging and corporate greed — Last month, the Federal Reserve issued the first of a projected seven interest-rate hikes this year in order to slow the American economy down and, hopefully, lower the skyrocketing prices that American consumers are paying. This is how the Fed successfully curbed inflation in the 1980s: Raising interest rates knocked…