Op-ed / Letters to the Editor
109 results total, viewing 81 - 90
Preet Bharara’s March 31 speech was little noticed outside a small gathering of legal and compliance executives in Manhattan. He delivered it on the day Wall Street and the financial news media were obsessing over the contention in Michael Lewis’ latest book that high-frequency traders have “rigged” the stock market. more
In a surprise announcement, the National Labor Relations Board walked away from its high-profile effort to mandate that private employers display a poster summarizing the rights of employees to engage in union activities. more
One of the most important, but largely ignored, results of the Great Recession is the fate of the Federal National Mortgage Association (better known as Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac). These two organizations are unique in that they were chartered by Congress, but have functioned as nongovernmental corporations. In Washington-speak they are Government-Sponsored Enterprises or GSEs. more
To the Editor: With just weeks left in the current state legislative session, Rhode Island lawmakers must not pass up the opportunity to act on climate change by passing two key bills. more
To the Editor: In a recent article (“Allens Avenue bizs move to keep out mixed use,” May 26, 2014), Providence Business News reported that Allens Avenue business owners were against mixed-use development along the Allens Avenue waterfront. more
Kickstarter, the service whose name has become synonymous with crowdfunding, has simplified its rules and will cut down on vetting projects. This controversial move is designed to reinforce a truth the current money-oriented startup community keeps forgetting: If an idea is crazy and unfeasible, that doesn’t mean it shouldn’t be funded. more
In the hoopla over whether Thomas Piketty’s data on growing global inequality are correct, an important question about how to address the problem has been obscured. Piketty describes his own global wealth-tax idea as more of a “useful utopia” than a practical policy suggestion. Is there anything more plausible that can be done? more
Americans are egalitarian. This trait has long frustrated plutocrats who, more than a century ago, invented Social Darwinism to teach that the rich prospered because they were smart and productive. Few people believed this, not then and not now. more
The United States has lost a year of scientific innovation due to the budget cuts known as sequestration. Faced with limited resources, the nation’s largest supporters of research in medicine, science and engineering have funded very little new work in the past year, focusing instead on projects already underway. New ideas from scientists in Rhode Island and around the country have been put on hold. If these budget reductions continue, the nation can and will lose its pre-eminence in science and technology. more
Regulators rightly want to remedy a serious flaw in the financial system: The complexity of bank capital requirements has made them vulnerable to manipulation. In the rush to embrace simplicity, however, policymakers could inadvertently make safe investments unattractive for banks. more
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