Today's report in the The York Times, The American Middle Class Is No Longer the World’s Richest, only confirms what many have been feeling for an increasingly long time. While our economic growth remains competitive with other nations, “trickle-down”, if that is what we are to call laissez-faire approaches to income inequality and social and educational [...]
Thomas Piketty’s “Capital in the Twenty-First Century,” is considered by those in a position to judge the merits of a monumental economic treatise, to be the most important economic book of the year, if not the decade. Recently reviewed by Paul Krugman in the Nw York Times (http://nyti.ms/1iVxxoL) and John Cassidy in the New Yorker [...]
Days ago yet another billionaire, Home Depot co-founder Ken Langone, made personal references to the super-wealthy and the Nazis, this time suggesting that those who express concerns about income inequality could learn a thing or two from Hitler himself. This episode follows Max Perkins, California venture capitalist, likening the experience of today’s super-wealthy to that of [...]
Where income is higher, life spans are longer. As incomes have diverged between this country’s richest and poorest counties, so have the life expectancies of their residents. Annie Lowry in the New York Times has authored "Income Gap, Meet the Longevity Gap,” in which she details stark differences in lifespan in otherwise matched locales, differentiated [...]
To the Editor of the New York Times: Re “A Family Office for the Superrich, and Lessons for the Less Wealthy,” by Paul Sullivan (Wealth Matters column, Feb. 15): It is not an easy time to be wealthy. On some level, a laughable problem. But in this era when everyone from the pope, to our [...]
Mark Kennedy Shriver, Vice President of Strategic Initiatives at Save the Children, published a letter in the New York Times of December 18th, 2013, inviting readers to a dialogue about children and poverty. Mr. Shriver's personal frustration was apparent in his excellent article, decrying the potential dismantling of federal programs supporting early childhood development. I [...]
