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 [...]
“Yes, the Wealthy Can Be Deserving” according to Gregory Mankiw in the New York Times of 16 February, 2016. No doubt, many can and many are. Mr. Mankiw identifies himself as an economics professor at Harvard University. Yet, Professor Mankiw was also a loyal economic advisor to Mitt Romney. Despite the former Presidential candidate’s publicly [...]
To the Editor of The New York Times: James J. Heckman suggests that “unfounded doubt and fear of doing things differently” are the primary deterrents to radical change in our investment in early childhood education. The neuroscience of early childhood development, however, suggests another factor: old brains. It is far more difficult for a member [...]
