Seven years later, the downtown and North Side sections still had pockets of the upwardly mobile, but the hustle and bustle had definitely diminished.
Piketty and Saez joined with MIT's Stefanie Stantcheva on a brief article that helps explain why raising taxes on a nation's rich creates economies that work for everyone.
Defenders of Mitt Romney say his refusal to release tax returns and his stashing money overseas are nothing more than what most people would do.
Mitt Romney's tax plan would reward companies for exporting more U.S. jobs as well as encouraging the firms to duck taxes.
What explains this attachment to policies that leave the U.S. and Europe in stagnation and could well throw the world into a deep depression?
The campaign against the Trans-Pacific Partnership Free Trade Agreement is picking up steam. TPP FTA is aimed at a tariff-free pacific rim, backed up by an extreme intellectual property rights protection agenda.
CEO pay at America's seven largest banks averaged 100 times the median U.S. household income in 1989 -- and over 500 times that median in 2007.
For urban Native Americans, the jobless rate averages around 48 percent. In general, Indian Country is in a permanent depression even when the national economy is on the upswing.
Private sector revised job figures show an average of less than 90,000 per month since January. Unemployment inched back up to 8.2 percent.
David Brooks positions himself as an above-the-fray "moderate," but the reality is otherwise.