The New York Times: Republican resistance to raising taxes represents a distinctly minority view. The latest New York Times/CBS poll shows that only 34 percent of adults believe that taxes should not be increased on households earning $250,000 or more to lower the budget deficit. Even this modest percentage surprises More
The Washington Post: “Do y’all know what the Clipper is?” Kimberly Pepper-Hoctor asked her class one recent night in a library meeting room about an hour south of Washington. A woman sitting near the front stirred her purse and extracted the latest edition of the Clipper, a direct-mail magazine loaded More
This meeting of scholarly minds has led to a booming — and surprising — science of decision making Economists have long sought to understand how people make decisions, but some of their most remarkable insights have occurred only recently, as they have begun a dialogue with psychological scientists. The fruits of this More
The New Yorker: In the past few years, the U.S. economy has been beset by the subprime meltdown, skyrocketing oil prices, the Eurozone debt crisis, and even the Tohoku earthquake. Now it’s staring at a new problem—a failure to raise the debt ceiling, which would almost certainly throw the economy More
U.S. News and World Report: THURSDAY, June 16 — The growing gap between the richest Americans and everyone else is making many people with middle and low incomes unhappy, researchers have found. “Income disparity has grown a lot in the U.S., especially since the 1980s,” study author Shigehiro Oishi, a More
Many economists and sociologists have warned of the social dangers of a wide gap between the richest and everyone else. Now, a new study, which will be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, adds a psychological reason to narrow the More
