To really reform big bank behavior, we need to scuttle the pay system that ‘entitles’ Wall Streeters to however much loot they can grab.
The British already have universal health care. So why do average life expectancies in the UK vary so dramatically by neighborhood? A new UK blue-ribbon commission has some answers to questions that Americans ought to be asking.
Economists tend to add more to the aggravations of everyday life than explain them. Not this economist. A review of Economics for the Rest of Us: Debunking the Science that Makes Life Dismal by Moshe Adler.
<p>Investing recklessness at Harvard is making ‘the best and the brightest’ look awfully silly — almost as silly as a nation that lets staggering quantities of wealth continue to concentrate.</p>
Hard times, a rash of new media reports now assures us, are significantly narrowing the gap between the rich and everybody else. So why are so many super rich still smiling?
A health care reform surtax on the rich makes great budget sense — and even more sense, over the long haul, for our actual health.
By every measure that matters, relatively equal nations outperform nations where income and wealth concentrate at the top. This powerful new book explores these contrasts — and explains them.
To curb climate change, suggests a new report from a top-notch global scientific team, we really ought to start focusing on rich people, not rich nations.
The Great Recession has shoved state governments over the fiscal edge. But what brought states to that edge in the first place?
Citi analysts spent two years obsessing over luxury consumption by the rich. Last week, the ultimate symbol of that consumption — the fine art bubble — finally popped.