James Kwak

James Kwak, an associate professor at the University of Connecticut School of Law, is co-author of White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You.
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James Kwak is an associate professor at the University of Connecticut School of Law and the co-author of 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. He blogs at The Baseline Scenario and tweets at @JamesYKwak.

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The Price of Safety: Why Cheap Regulation Creates Expensive Crises

The Price of Safety: Why Cheap Regulation Creates Expensive Crises

Do you want Boeing deciding if its airplanes are safe? Or JPMorgan deciding if its bets are sensible? More »

Washington's Backward Retirement Policy: So Wrong, and Yet So Easy to Fix

Washington's Backward Retirement Policy: So Wrong, and Yet So Easy to Fix

We have more than enough money to protect Social Security. It's just going to the wrong people: private savers. More »

Don't Cut Social Security!

Don't Cut Social Security!

Why reducing retirement benefits to pay down the deficit is a terrible idea More »

Your 401(k) Is Out to Get You

Your 401(k) Is Out to Get You

Or, to be more precise, the mutual fund company that oversees your 401(k) plan is out to get you. More »

Goodbye, Medicare: How the Fiscal-Cliff Deal Endangers U.S. Entitlements

Goodbye, Medicare: How the Fiscal-Cliff Deal Endangers U.S. Entitlements

Democrats maneuvered themselves into making the Bush tax cuts permanent, putting Medicare and Social Security at risk in the long run More »

The U.S. Does Not Have a Spending Problem, We Have a Distribution Problem

The U.S. Does Not Have a Spending Problem, We Have a Distribution Problem

Forty years from now, America will be twice as rich on average as we are today. But most of that wealth will go to the very richest households. We only have a budget crisis if they refuse to pay higher taxes. More »

The Most Important Tax Break Is the One That Nobody Talks About

The Most Important Tax Break Is the One That Nobody Talks About

It's investment income. More »

The Incredible Political Hypocrisy of America's Most Powerful CEOs

The Incredible Political Hypocrisy of America's Most Powerful CEOs

Chief executives are getting away with a clever trick: Publicly calling for higher taxes while giving money to the presidential candidate who will cut theirs More »

Yes, We Can Afford Higher Taxes—Here's Why

Yes, We Can Afford Higher Taxes—Here's Why

Neither Obama nor Romney is offering a perfectly plausible vision of America: A stronger safety net and better security paid for with higher taxes on more than the top 2%. More »

'I Am a Job Creator': This Is the Country I Want

'I Am a Job Creator': This Is the Country I Want

Last week, the Washington Post published a take down of entitled "job creators." Well, I really am a job creator. And here's what I think the country and I are entitled to. More »

It's a Maker's Economy: Don't Pity Wealthy Job Creators

It's a Maker's Economy: Don't Pity Wealthy Job Creators

Our economy and tax system already bestow large rewards on people who start successful businesses. It's the rest of America that needs help. More »

The Profitable Bailout? Inside the Real Costs of the Saving AIG and Wall St.

The Profitable Bailout? Inside the Real Costs of the Saving AIG and Wall St.

The government should be proud of its amazing rescue of AIG. But even this "good" bailout came at a steep price. More »

The Case for Jumping Off the Fiscal Cliff (Even if We Fall Into Recession)

The Case for Jumping Off the Fiscal Cliff (Even if We Fall Into Recession)

This is one issue where Obama and Romney agree: We must do something to prevent a steep and simultaneous tax increase and spending cut in early 2013. But what if we don't? More »

Software Runs the World: How Scared Should We Be That So Much of It Is So Bad?

Software Runs the World: How Scared Should We Be That So Much of It Is So Bad?

Do we respect the power of software as much as we should? More »

The Real Reason That Big Banks Have So Many Scandals

The Real Reason That Big Banks Have So Many Scandals

(1) There's so much money at stake for individual players. (2) There's so much complexity in the laws and rules. (3) There's so much reluctance at the top to make fundamental changes. More »

The Wisdom and the Absurdity in the Supreme Court's Health Care Decision

The Wisdom and the Absurdity in the Supreme Court's Health Care Decision

Sometimes the Supreme Court seems to behave as if it exists in the same universe as rational human beings. Sometimes it doesn't. Today it did both. More »

Failure Is an Option: Does History Forecast Disaster for the United States?

Failure Is an Option: Does History Forecast Disaster for the United States?

From the financial collapse to Citizens United, America's recent past put it on a dangerous track. More »

The GOP's Bizarre, Disturbing Passion for Raising Taxes on the Poor

The GOP's Bizarre, Disturbing Passion for Raising Taxes on the Poor

Let's hope the Republican Party is bought and paid for by the rich. The other explanation for their interest in raising taxes at the bottom is far more disturbing. More »

Why America Should Stop Worrying and Love Taxmageddon

Why America Should Stop Worrying and Love Taxmageddon

5 reasons to support higher taxes right away More »

Raise My Taxes, Please!

Raise My Taxes, Please!

The Bush/Obama tax cuts saved me thousands of dollars. I'm ready to donate it all to politicians who want to double my taxes. More »

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