Check out this quite compelling TED talk from Nick Hanauer, an entrepreneur, investor, capitalist, and self-described plutocrat. Hanauer is a billionaire, but makes the case that trickle-down economics and rising inequality are especially bad for the rich. One claim he makes: Some…
Answer: $33/hour, at least And a home? According to a new report from KPCC: The median home price in Los Angeles is $570,500, according to the real estate website, Trulia.com. But consider that the median income in Los Angeles is about…
On a recent episode of the always-interesting BBC Radio 3 Arts & Ideas Podcast, Philip Dodd spoke with Thomas Friedman about his new book “That Used to Be Us: How America Fell Behind in the World It Invented and How…
The United States–its citizens and lawmakers–need to pay careful attention to the effects of our near-term actions. The outcome of not raising the debt ceiling is uncertain–nobody really knows what will happen. But the press is ablaze with information: The…
NPR’s Morning Edition concluded a series on the European Union this morning with a fantastic overview of the challenges facing the future of the EU: financial, political, and–most importantly–cultural. I found Rob Gifford’s piece the most digestible, concise, and on-point…
Though I do not agree with David Frum on many points, I believe his recent Marketplace commentary hits at an idea I have held for a while: that we as a society need to seriously reconsider the cost and value…
An article in today’s Los Angeles Times proclaims: “Not since the 1970s have workers with bachelor’s degrees seen a prolonged slump in earnings during a time of economic growth. … According to U.S. Census Bureau figures, college graduates earned an…