[credit provider=”Wikimedia/Delphine Bruyere” url=”http://commons.wikimedia.org/wiki/File:2006-12-09_Chipanzees_D_Bruyere.JPG”] Humans aren’t the only ones who cry “no fair.” In a classic test of fairness called the ultimatum game, apes will dole out an equitable share of their bananas — and when they don’t, their partners will complain, a new study shows.The findings, published today (Jan. […]
The Cory Booker imbroglio has ignited a silly but potentially pernicious debate in the Democratic Party between so-called “pro-growth centrists” who want the President to focus on how well he’s done getting the economy back on its feet after the Bush administration almost knocked it out, and “pro-fairness populists” who […]
One of the most pernicious falsehoods you’ll hear during the next seven months of political campaigning is there’s a necessary tradeoff between fairness and economic growth. By this view, if we raise taxes on the wealthy the economy can’t grow as fast.
A strange thing happened in Chicago on Thursday, December 8. An audience of well-heeled professionals, a mixture of Democrats and Republicans, packed a room at the Drake Hotel to hear Robert Shiller, a Yale professor, give a presentation on the housing market. A few members of the audience were in […]
[credit provider=”AP”] President Barack Obama gave a HUGE speech on income inequality today, travelling to the same small Kansas town where President Theodore Roosevelt first laid out his vision for “New Nationalism.”The ostensible purpose of the event was to urge Congress to extend payroll tax cuts. But the address was […]
[credit provider=”AP Photo/Kevin Lamarque, POOL”] President Barack Obama travels to Osawatomie, Kansas on Monday to outline his vision for America — and with it, comes the most revealing glimpse yet at his reelection strategy.Gone is the message of hope and change — instead Obama is reaching 100 years back in time […]