The Great Debate

The middle class’s missing $1.6 trillion

By Charles R. Morris
February 13, 2014

The United States was the world’s first middle-class nation, which was a big factor in its rapid growth.  Mid-19th-century British travelers marveled at American workers’ “ductility of mind and the readiness…for a new thing” and admired how hard and willingly they labored. Abraham Lincoln attributed it the knowledge that “humblest man [had] an equal chance to get rich with everyone else.”

Occupy Wall Street’s message: more than a sound bite

By David Callahan
October 5, 2011

By David Callahan
The opinions expressed are his own.

Pop quiz: What’s so bad about the financialization of the U.S. economy over recent decades?

Writing history – the Panic of 2008

June 22, 2009

John Kemp Great Debate— John Kemp is a Reuters columnist. The views expressed are his own —

Economic history is the only field of human endeavor where the past changes as much if not more than the present and the future. Policymakers and practitioners struggle to define and write a “narrative” of the past as a means to control how policy responds to current and future problems.

Leave pay to companies, shareholders

June 11, 2009

James Pethokoukis — James Pethokoukis is a Reuters columnist. The views expressed are his own —

U.S. mouth writing checks its body won’t cash

By J Saft
April 8, 2009

James Saft Great Debate — James Saft is a Reuters columnist. The opinions expressed are his own —

A look at credit insurance prices for U.S. banks shows that market thinks the government’s mouth is writing checks its body can’t or won’t cash.