Robert B. Reich

Hillary, Bernie, and the Banks

Giant Wall Street banks continue to threaten the well-being of millions of Americans, but what to do? Bernie Sanders says break them up and resurrect the Glass-Steagall Act that once separated investment from commercial banking. Hillary Clinton says charge them…

Labor Day 2028

In 1928, famed British economist John Maynard Keynes predicted that technology would advance so far in a hundred years – by 2028 – that it will replace all work, and no one will need to worry about making money. “For the…

End Corporate Welfare

Corporations aren’t people, despite what the Supreme Court says, and they don’t need or deserve handouts. When corporations get special handouts from the government – subsidies and tax breaks – it costs you. It means you have to pay more…

Anticipatory Bribery

Washington has been rocked by the scandal of J. Dennis Hastert, the longest-serving Republican speaker in the history of the U.S. House, indicted on charges of violating banking laws by paying $1.7 million (as part of a $3.5 million agreement)…

State of Disaster

As extreme weather marked by tornadoes and flooding continues to sweep across Texas, Gov. Greg Abbott has requested – and President Obama has granted – federal help. I don’t begrudge Texas billions of dollars in disaster relief. After all, we’re…