Today’s Balance Sheet
Economic Policy
The Case of the Vanishing Middle Class
Timothy Noah’s The Great Divergence deftly explores the roots and resurgence of American inequality.
France Reacts Against Austerity
François Hollande and Nicolas Sarkozy will face off in a May 6 runoff election after the Socialist challenger won 28.6 percent of the vote in the first round of the French presidential elections yesterday. Sarkozy, who won 27.1 percent of the vote, was hoping a victory would give his campaign momentum, but being tied to […]
The Man the Banks Fear Most
Wall Street’s gone largely unpunished for its role in 
wrecking the economy—until New York Attorney General 
Eric Schneiderman came along.
A New Kind of Gold Standard?
The Missouri House gives preliminary support for a bill to designate gold and silver coins as legal tender. And it’s hardly the only state considering such legislation.
Spain’s Fiscal Fanaticism
The country’s newly elected conservative government is pursuing austerity with zeal.
Mad Money
With right-wing fears rising over the Federal Reserve’s monetary policy, Republican state legislators want to 
create their own currencies.
Top Ten Tax Facts
Think you know a lot about government revenue? Think again.

