A new report finds the American working class will be mostly people of color by the year 2032. Only 16 more years of arguing whether “race” or “class” is “more important!” Get your zingers in while you still can!
Warren Buffett Is the Best Argument for Capitalism. Is It Good Enough?
As the “Empire State of Mind” beat filled the packed CenturyLink Arena in Omaha, the chorus slid in: “At Berkshire, financial strength is what dreams are made of, there’s nothing you can’t dooooo….” The white, middle-aged crowd of investors jammed. Is this is the humble setting from which champions arise?
Reminder: Banks Only Make Money Because We Bail Them Out
Years after the 2008 financial crisis, America is still arguing over how to address Wall Street’s “too big to fail” problem. Here is another perspective, based on history: there is only one choice.
A Universal Basic Income Is the Utopia We Deserve
The idea of a universal basic income for all citizens has been catching on all over the world. Is it too crazy to believe in? We spoke to the author of a new book on the ins, outs, and utopian dreams of making basic income a reality.
Identity Politics Will Not Redeem Wall Street
If you read the New York Times this weekend, you may have seen their Business section’s big, splashy profile of R. Martin Chavez, the chief information officer of Goldman Sachs. The headline: “A Gay, Latino Partner Tests Goldman’s Button-Down Culture.” I object.
Class War: Yale Edition
Yale University is sitting on an endowment worth $25.6 billion. The state of Connecticut, on the other hand, is pretty broke. Now, Connecticut wants to tax Yale’s endowment. This could be more revolutionary than it sounds.

