Anyone who doubts that the top 1% is getting wealthier needs to consider the factoids from this CNN Money story, “Richest hedge fund managers get richer.” John Arnold earned $1.5 to $2 billion for having bet correctly on oil prices. Four other hedge fund managers were estimated to have earned over $1 billion. The average […]
Read more...Not much, it seems. This is from Andrew Sullivan, a card-carrying conservative, via Brad DeLong: Meet Professor Walter F. Murphy, emeritus of Princeton University. He’s a former Marine, with five years of active service and 19 years in the reserve, and a legal critic of Roe vs Wade and supporter of the Alito confirmation. He’s […]
Read more...A post at Free Exchange, the Economist’s blog, which quotes and elaborates on one by Tyler Cowen, posits that Europeans are better at government because they have more homogeneous societies and talent pools, and therefore Europeans choose to consume more government. Americans are better at things like private sector innovation, and therefore its population demands […]
Read more...Wal-Mart just doesn’t get it. It spends considerable time and energy on social responsibility initiatives, like promoting diversity at vendors (after begin named as defendant in the largest class action discrimination suit in history) and becoming environmentally responsible (after having settled an EPA action). Yet the company continues to engage in behavior which, if not […]
Read more...An intriguing piece, “One Person’s Dumpster Is Another’s Diner,” ran yesterday at Alternet.org. For those who aren’t familiar with the term (as I wasn’t prior to reading this piece) Freeganism (a conjunction of “free” and “vegan”) is the philosophy that participation in our capitalist economy makes a person complicit in the exploitative practices that are […]
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