Psychologists have been tracking the phenomenon of 'biased self-perception' for years now. But new research suggests that they've been blaming the wrong social culprit. People quite full of themselves populate...
Any resemblance between democracy and U.S. Presidential politics has become, in our new super PAC era, purely coincidental. The only mystery: Why aren't billionaires making even bigger bets? Life sometimes...
The headline figures say that real gross domestic (GDP) product grew at an annualized rate of 2.8% in the fourth quarter of 2011 (October through December). This is good news. ...
The US economy officially went into recession in December 2007. The recession supposedly lasted eighteen months. By July 2009 the economy was growing again. Well, at least the Plutonomy was...
Changes in state tax laws now encourage America's awesomely affluent to create 'perpetual' trusts. The new laws and new technology, legal scholars warn, now allow the 'dead hand' of the...
We hear all the time about America’s bloated federal government and how it’s grown like a kind of bureaucratic kudzu to smoother and strangle our otherwise dynamic economy. Now that...
In 2005 Citigroup stock analysts Ajay Capur, Niall Macleod, and Narendra Singh had an incredible insight. Once upon a time GDP growth meant that the whole economy improved. But in...
Today's swaggering rich are stuffing their dollars into investments that do America's 99 percent not one whit of good. Your pop quiz for today: Define “art.” Wait, you don't need...
Inflation has been steadily eroding the value of the U.S. minimum wage over recent decades. But inflation only explains part of the story why the minimum wage has become such...
