In a great article about the anti-capitalist nature of big banks, James Kwak sums up the different rules medium sized business and giant financial institutions are subjected to: In general, the mechanism that breaks up inefficient conglomerates is the market for corporate ...read more

By Ben Cohen: I've always subscribed to theory that Republicans believe in slashing taxes for the wealthy because the party is funded by corporations and rich people who would massively benefit from it. The idea that tax cuts for the 1% gives some tangible benefit to the ...read more

James Kwak of the BaselineScenario does an interesting analysis of his quest to purchase long term care insurance on the private market, and concludes the only way to prevent its exorbitant costs and inability to comprehensively cover the elderly is to have the federal ...read more