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Steven Brill’s Class Warfare is an immensely readable take on a slice of the “school reform” movement and an intriguing look at some key individuals in that effort. But, as is shown by its treatment of philanthropy, the book is perhaps more revealing for what its author omits—and how its blinkered view can mislead readers on big questions.
Wednesday and Thursday mark Egypt’s first post-Mubarak presidential elections. Sadly, what should be a purple-fingered moment brings some hope and much disappointment. Don’t get me wrong – Mubarak was a loathsome stooge, a petty and incompetent rentier tyrant who deserved what he got and more.
According to the new calculations of the Social Security Trustees’ 2012 Report, Social Security’s future costs are a lot bigger than its future income.
From the perspective of the corporate profit and loss statement, a trading loss is one expense item in the context of all revenues and expenses. So $2 billion should be compared to the bank's $26.7 billion in pretax profits for 2011, suggesting a reduction of something less than 10 percent in annual profit.
Grading the Democratic candidates.
America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?
As Congress rounds out its final week before skipping town, it"s worth reminding ourselves about how thoroughly undistinguished this session has been.
The future is on the way. Leading-edge innovators, we are assured, have already moved on, and are earnestly focusing on the just the sort of problems - manufacturing, energy, transportation (and I'd add healthcare) - that urgently require imaginative solutions.







