Robert Reich
Robert Reich's Latest Articles | 445
A Question of Timing: What America Can Learn from the Revolt in Europe
Who’s an economy for? Voters in France and Greece have made it clear it’s not for the bond traders. Referring to his own electoral woes, Prime Minister David... Read »
We Don’t Need Socialism, We Need a Capitalism that Works
Francois Hollande’s victory doesn’t and shouldn’t mean a movement toward socialism in Europe or elsewhere. Socialism isn’t the answer to the basic problem... Read »
Economy is Heading for a Stall
We’ll know more tomorrow when the jobs report is announced, but today’s report on America’s massive service sector – which make up about 90 percent of the... Read »
The Stall Has Arrived
As I feared, the economy has stalled. Friday’s jobs report for April was even more disappointing than March. Employers added only 115,000 new jobs, down from March’s... Read »
The World Belongs to Those Collecting Capital Gains
The Dow Jones Industrial Average hit 13,338 Tuesday, it’s highest since December, 2007. The S&P 500 added 16 points. Wall Street will remember May 1 as a great... Read »
How Europe’s Double Dip Could Become America’s
Europe is in recession. Britain’s Office for National Statistics confirmed on Wednesday that in the first quarter of this year Britain’s economy shrank .2 percent,... Read »
“We’re on the Right Track” Isn’t Enough
President Obama’s electoral strategy can best be summed up as: “We’re on the right track, my economic policies are working, we still have a long way to go... Read »
Citigroup’s (C) Shareholder Revolt
The shareholders of Wall Street giant Citigroup (C) are out to prove that corporate democracy isn’t an oxymoron. They’ve said no to the exorbitant $15 million... Read »
Thoughts on Tax Day 2012
As Justice Oliver Wendell Holmes, Jr., wrote in 1904, “taxes are the price we pay for a civilized society.” But the wealthiest Americans, who haven’t raked... Read »
A Fair Economy is Not Incompatible with Growth but Essential to It
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... Read »







