Derailing the Dynasty Train

Derailing the Dynasty Train

Don’t feel bad if you were busy and missed the buzz around the new book, Capital in the Twenty-First Century. It’s not every day that a 685-page book about wealth inequality written by a French economist lands on best-seller lists next to Danielle...
An American Banking Revolution Awaits

An American Banking Revolution Awaits

Vermonters aren’t like the rest of us: They live in a small state with a flinty history and a legendary suspicion of outsiders. That independent streak gained luster when 15 Vermont towns voted earlier this year to reinforce this independent tradition by...
Don’t Weep for Pfizer

Don’t Weep for Pfizer

Gosh, you’ve got to feel sorry for Pfizer. The poor drug giant has to pay taxes in our country, so it’s leaving. When I say “poor” drug giant, I don’t mean Pfizer is broke or in the poor house. No, no, the pill peddler is incredibly rich,...
The Common Sense Tax

The Common Sense Tax

It’s nothing new for Wall Street to work every possible angle so it can squeeze additional profits out of trades. It’s the job of lawmakers and regulators to make sure that Wall Street does not rip off investors or endanger the financial system’s...
Close Loopholes, Fix Potholes

Close Loopholes, Fix Potholes

America has an infrastructure crisis. We see signs of it every day: We hit bone-jarring potholes as we drive. We face long detours as bridges are closed for emergency repairs. When water mains break, businesses must temporarily close and homeowners have to boil their...
Happy Times in Hedge Fund America

Happy Times in Hedge Fund America

Pharrell Williams should be happy. The singer has had the world’s hottest pop single over the past six months. His Happy has been topping the charts everywhere, from the United States to Bulgaria. If this bouncy ditty keeps selling, Williams might even end 2014...