A New Record Hedge Fund Windfall
The hedge fund industry’s trade journal has just released its annual figures for hedge fund manager earnings. The big winner for 2010: John Paulson. His winnings: the biggest ever, an...
Wealth Concentration
U.S. Wealth: A Second Opinion
The dust has now settled from the 2008 financial crash. The money, too. The question of the day: In whose pockets? Two sets of researchers have offered answers to that...
Inequality’s Impact: A New Debate Opens
If the wealth of the wealthy really bothered Americans, flacks for grand fortune enjoy declaring, our political system would be shaking something fierce. They don't see a whole lot of...
The Right’s Pushback Against Taxing the Rich
The rising public clamor for higher taxes on America's wealthy has conservative ideologues increasingly uneasy. For good reason. They don't have the numbers on their side. Or history either. A...
A Business Case for Greater Equality
The Nordic Way: Shared norms for the new reality. A report prepared for the World Economic Forum in Davos, Switzerland, January 2011. President Obama has opened 2011 preaching a new gospel:...
Debating Wealth’s Concentration
Most observers would likely rank the UK-based Economist as the world's most influential business news magazine. Week in and week out, the Economist offers perspectives that shape how corporate movers...
In the U.S., a Missing Trickle Down
Two of every five adults globally with over $1 million in net worth live in the United States. But U.S. median wealth — the wealth of the typical American —...
Beware of the Cowardly Deficit Vulture
There's an invasive species in our national discourse, a recent arrival in our civic forest.