Inside this issue: Leveraging the power of the public purse to limit pay at the top . . . Good times have returned for hedge fund managers. Really good times . . . Getting banker compensation under control: a gameplan from the UK . . . What deficit hawks can’t seem to see.
Wall Street’s favorite racket and how to stop it . . . Are our brains hardwired to value sharing wealth? . . . Where to go to find CEO bargains . . . What we can learn, about inequality, from nasty divorces.
Inside this issue: A compelling new portrait of America’s 400 highest incomes . . . Did our Founders want government small? Why conservatives won’t tell you what the Founders really feared . . . A look at a deep pocket who’s stepping off the Goldman Sachs gravy train . . . The costliest shot in the world?
What if we elected senators to represent us by income, not state? . . . Why health care matters less than we think . . . How unequal do average Americans think the United States should actually be? . . . Look who has become a CEO pay critic: Ex-treasury secretary Hank Paulson!
President Obama’s new federal budget plan won’t end plutocracy. But this second Obama budget, if adopted, might actually inconvenience it . . . Does good fortune explain big fortunes? A look at the philosophy of “luck egalitarianism.” . . . The $27,000 suitcase.
Labor leaders at last week’s Davos assembling of global CEOs came with a simple pledge: We’re going to fight to cap your pay . . . A review of Economics for the rest of us: debunking the science that makes life dismal . . . The super rich go high-tech take on the paparazzi.
A relative handful of Americans, says a key congressional panel, will take home more this year than half the nation’s taxpayers combined . . . A trio of acadmics look at class struggle at the corporate summit . . . An $80,000 pool table that electronically tracks pool balls as they roll and other toys that the affluent young, says the publisher of Esquire, fully “deserve.”
The Wall Street bonus dilemma for reformers: Tax the bonuses or tax the rich? . . . A Martin Luther King Jr. holiday reminder why greater equality benefits us all . . . The unreal premise behind America’s newest reality show.
The windfalls that are so enraging average Americans — and the White House power to challenge them . . . An unusual — and insightful — ‘thermodynamic’ take on executive pay . . . Billionaire Peter Peterson’s spins the faux news.
Average Americans have been losing ground — to the rich — for three full decades now. Will the ‘Teens’ make that four?