Op-Ed

Worthless holiday shopping hype returns

Let’s get this out of the way upfront: Retail sales were not up 16% during the Thanksgiving holiday weekend. Nor were they up 14%...
U.S. SPENDING on health care increased 4.6% year over year to a total of $3.6 trillion in 2018. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Opinion: Now for the bad news: Medicare costs are accelerating

As debates rage over the cost of United States health care, Medicare’s actuaries have issued a new report. In 2018, overall national spending on...

The status quo on health care is a sure disaster

Cassandra, of Greek mythology, predicted disaster. As Democrats debate Medicare for All versus the public option versus expanded “Obamacare” versus a yet-unnamed option, the...

U.S. economy keeps defying the recession odds

It’s impressive how well the U.S. economy has held up during the past year. As early as 2018, leading indicators were suggesting a heightened...

Tax the wealthy and their charities will suffer

America’s corporate economy has long been divided between a taxed, for-profit sector and a non-taxed, not-for-profit sector. This division has significant implications for tax...

Millennials, boomers, Gen X labels are ‘nonsense’

Most of the stereotypes tied to so-called generations are ugly and insulting – whether it’s the greed and materialism associated with “boomers,” the narcissism...

Climate change Is a financial crisis, too

The people who oversee America’s financial system seem to think that climate change isn’t their problem. As one official quipped in recent congressional testimony,...

Want to save the middle class? Rework unions

If the U.S. is going to make a big dent in income inequality and raise living standards for the middle class, it’s going to...
BUY LOCAL: Annie Philbrick, standing, owner of Savoy Bookshop & Café in Westerly, visits with customers in 2017. The shop is one of many Rhode Island businesses hoping shoppers buy local this holiday season. / PBN FILE PHOTO/BRIAN MCDONALD

When local retailers do well, so does rest of the state

The National Retail Federation is projecting another strong holiday shopping season, with retail sales up between 3.8% and 4.2% over 2018. Many local communities...

Why not try honorary ambassadors?

The late Robert J. Healey Jr. endeared himself to many Rhode Islanders during three unsuccessful runs for lieutenant governor, primarily on a platform of...
- Featured Event -

Latest News

Buy One, Gift One.

Two subscriptions for only $99!

Buy a one-year subscription to Providence Business News and get a second subscription free!

Offer expires December 31, 2019