| May 30, 2018 | Economy / Business|Rights / DemocracySylvia Bloom died in 2016, an unknown 96-year-old. Now the world knows all about her. The New York Times recently profiled the remarkable fortune Sylvia Bloom quietly accumulated over the course of her 67-year career as a legal secretary. That fortune totaled over $9...
| Jul 5, 2017 | Economy / BusinessCEO pay at America’s 500 largest companies averaged $13.1 million in 2016. That’s 347 times what the average employee makes. So CEOs make a lot of money. But, some say, so do athletes and movie stars. Why pick on corporate bosses, then? First, because the...
| Jun 21, 2017 | Economy / BusinessJeff Immelt, the CEO of General Electric since 2001, is retiring. The 61-year-old will be making a well-compensated exit. Fortune magazine estimates that Immelt will walk off with nearly $211 million, on top of his regular annual pay. Immelt’s annual pay hasn’t been...
| May 24, 2017 | Economy / BusinessOn average, our economy tanks every seven years or so. By now we should have a pretty good idea of why that tanking happens, how we can protect ourselves, and what the impact will be. Unfortunately, we don’t. Recessions remain a bit like death, inevitable yet near...
| | Rights / DemocracyOne of the lucky things about being rich is that you automatically become handsome, your jokes are hilarious, and politicians treat you with fawning deference. On the other hand, the unlucky thing about being poor is that … well, you’re poor. And society...