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Are index funds getting too powerful?

Index funds. They’re a very popular way of investing across the stock market. But now the top four funds control roughly one-quarter of all public U.S. companies. We hear how index funds are shaping corporations and the American economy. ....

United States , Johnf Cogan , John Coates , Harvard Law School , Exchange Commission , State Street , Harvard Law , Few Financial Institutions Control Everything ,

Variations | A story about a moose and democracy

DR. Seuss, the author of “The Lorax,” an anti-greed screed, also wrote “Thidwick, the Big-Hearted Moose.” In a recent American Institute for Economic Research article, economics teacher Bruce Rottman said ....

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Why Congress Needs a New Budget Process

The collapse of congressional budgeting in recent years has occurred just as the government’s fiscal outlook is approaching critical. If left unchecked, current trends will lead to unprecedented levels of federal spending as a share of U.S. economic output, far beyond taxpayers’ historical tolerance and perhaps greater than the economy can sustain. The resulting debt would seriously hamper the nation’s potential for long-term growth. These trends can be corrected only with a regular, stable, and sustained practice of budgeting. ....

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