It’s not that Americans don’t spend a lot of money on these things. As a matter of fact, the U.S. spends more per student than almost any other country on education and way more than anybody else on healthcare. The problem, or at least part of it, is that much of this money is spent inefficiently. The Nordic […]
Richest 1% on target to own two-thirds of all wealth by 2030
The world’s richest 1% are on course to control as much as two-thirds of the world’s wealth by 2030, according to a shocking analysis that has lead to a cross-party call for action. World leaders are being warned that the continued accumulation of wealth at the top will fuel growing distrust and anger over the […]
It’s the Economies, Stupid
The evening of Tuesday, Nov. 6, brought the latest visual manifestation of our highly divided country: the 2018 midterm elections map. The map was similar to previous election maps — blue on the coasts and, across the rest of the country, wide swaths of red interrupted by blue dots. The major change was in the […]
The American Dream Is Alive. In China.
China is still much poorer over all than the United States. But the Chinese have taken a commanding lead in that most intangible but valuable of economic indicators: optimism. In a country still haunted by the Cultural Revolution, where politics are tightly circumscribed by an authoritarian state, the Chinese are now among the most optimistic […]
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