| Jul 28, 2021 | Economy / Business|Rights / DemocracyMega-investor Warren Buffett once held a big portfolio of daily and weekly newspapers. He specialized in squeezing out competitors so each held a local monopoly. Then he’d chop staff and news content, letting him glean annual profit margins above 30 percent. Alas for...
| Sep 26, 2018 | Economy / Business|Editors PicksIt took 100 years, but America has returned to its unequal past. With a vengeance. The year many consider the height of the Gilded Age, when John D. Rockefeller’s wealth was at its peak, was exactly a century ago, in 1918. By that time, Rockefeller had amassed about...
| May 17, 2017 | Environment / HealthMembers of the House GOP were in a hurry on May 4 to pass their bill to gut Obamacare. They rushed it through before anyone even had a chance to check its cost or calculate its impact on people’s access to insurance. Their urgency, however, had little to do with...
| Dec 2, 2015 | Economy / BusinessWhen should we be alarmed about so much wealth in so few hands? The Great Recession and its anemic recovery only deepened the economic inequality that’s drawn so much attention in its wake. Nearly all wealth and income gains since then have flowed to the top...
| Aug 7, 2013 | Economy / BusinessInequality has a silver lining. At least the awesomely affluent think so. If we didn’t have grand fortunes, their claim goes, we wouldn’t have grand philanthropy. No foundations and handsome bequests for underwriting good causes. No gifts and grants by the...
