James Pethokoukis

James Pethokoukis is the Money & Politics columnist-blogger for the American Enterprise Institute. Previously, he was the Washington columnist for Reuters Breakingviews. Pethokoukis has written for many publications including USNews & World Report, The New York Times, The Weekly Standard, Commentary, USA Today, and Investor's Business Daily. Pethokoukis is also an official CNBC contributor. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, The McLaughlin Group, CNN, and Nightly Business Report on PBS. A graduate of Northwestern University and the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion.
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Pethokoukis

This map shows where slavery and forced labor are happening around the world

Citigroup has a fascinating — and harrowing — report out about modern slavery and child labor. Here is a bit from the summary: “An estimated ~21-30m people are in slavery around the world, including forced labour, bonded labour, human trafficking and child slavery. There are also estimated to be 168m child labourers, including 85m children in hazardous work.’ read more >

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Pethokoukis, Economics, U.S. Economy

When economists talk about mismanaged US states, one gets special mention

A new IGM Forum poll of economists finds large, confident majorities who think US states are (a) understating pension liabilities and (b) at risk — at least some of them — of eventually needing a combo of austerity budgets, a federal bailout, and/or default unless they soon increase taxes, cut spending, or change their pension systems. Now this post really isn’t about pension liabilities. It is about how in the survey of these economists one state repeatedly received special mention for its fiscal woes: Illinois. read more >