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The gap between the rich and the rest is better described as a canyon, and it’s only getting worse. The economy no longer delivers for the average worker, having been rigged to benefit entrenched, wealthy interests. Millions of Americans are losing their livelihoods to technological progress and capital’s access to a huge pool of cheap labor. And a...

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Many investors seem reluctant to enter the fray of investing in junior resources. While they know that the high risk of the space can bring big rewards, the risk—along with a lot of hype and misinformation about new technologies—can seem so large that none but the most fearless of investors is willing to give it a try.

Today I’ll...

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THE PERFECT CRIME: THE VICTIMS DON’T KNOW ANYTHING

WHY INVESTORS AND BORROWERS SHOULD GET RID OF THE SERVICERS AND REPLACE THEM WITH SERVICING COMPANIES THEY CAN TRUST TO MITIGATE THE LOSSES CAUSED BY INVESTMENT BANKS

HOW? It is simple: since the perpetrators ignored the REMIC trust, didn’t fund them and never intended to actually have the REMIC t

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The Next American Economy project brought together 30 experts from various disciplines to envision tomorrow's economic and political challenges and develop today's solutions. Their assignment: be bold, and leave the conventional wisdom -- and their own opinions -- behind. Their goal: not to provide a researched analysis, but to stimulate debate on

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Mental illness: Some needles in the haystack
THE human brain is the most complicated object in the known universe. Considering that complexity, and the number of jobs it has to do—from regulating appetite to thinking great thoughts—the brain goes wrong surprisingly rarely. But go wrong it sometimes does, with ruinous consequences for the lives of both the sufferer and his family and fri...
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Expressing grave concern over the escalation of military operations in Gaza, the World Council of Churches (WCC) general secretary Rev. Dr Olav Fykse Tveit said, “Hostilities must cease. Israel, Palestine and the surrounding region must be offered the hope of peace: a peace based in justice, a lasting peace that may lead toward reconciliation”.

In

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DOJ Trains AUSAs to Chase Mice While Lions Roam the Campsite

By William K. Black

In researching my series of articles on the critical omissions in Attorney General Eric Holder’s press release about the settlement with Citi I realized that I need to write multiple articles about the destructive role played by Benjamin Wagner. Holder made Wagner DOJ’s...

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When we are living into a difficult calling, we need to be able to discern the difference between good advice and good news....
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Earlier this summer, the Next American Economy project brought together 30 experts from various disciplines to envision tomorrow's challenges and develop today's solutions. Find out what they had to say.

Participants in our recent convening speculated:

The post-WWII model of full-time, permanent employment proved itself the historical aberration we

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