ANALYSIS & OPINION
Where is Obama’s promised minimum-wage hike?
During the 2008 campaign, candidate Barack Obama pledged to raise the minimum wage to $9.50 per hour by 2011. Promises like that inspired a generation of young voters, excited long-neglected progressive voters and gave hope to millions of his supporters. Four years later there has been no increase, no congressional vote and not a whisper from the White House on the minimum wage.
Europe’s impossible dream
The economic logic of European integration is now directly confronting nationalistic sentiments in the hearts and souls of Europeans. It’s becoming clear that nationalism resonates more deeply.The fractured brilliance of Alexander Cockburn
Decades before the predictable venom of blogs, he had mastered the art of vituperation. An unrepentant Marxist, he routinely sided with the powerless, sometimes even when they were wrong, and sometimes, I suspect, precisely because they were wrong. That was Cockburn’s kind of fight.Why Americans don’t have offshore bank accounts
Adam Davidson uses his NYT Magazine column to weigh in on the subject of offshore tax havens this week, and delivers something very peculiar.
Confidence tricks for the euro zone
The euro’s crisis of confidence operates at multiple levels. Businesses, bankers, citizens and politicians are losing faith in both the economy and the whole project. That creates multiple vicious spirals, centred on Spain and Italy. But there’s a way to escape the vortex.How not to report on the poor and the wealthy
The media has not exactly covered itself in glory when reporting on money-related research of late.
What the Colorado shooting says about us
The Colorado movie massacre imposes on us once again the temptation to extrapolate lessons from a demented act of violence. But our attempts are likely to fail, just as those of previous generations have.MOST COMMENTED
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commentsWhere is Obama’s promised minimum-wage hike?