Getting the Recovery Right
Not surprisingly, American billionaires have dismissed recent wealth-tax proposals as an affront to the entrepreneurial spirit to which they attribute their massive wealth.
At least 19 dead and untold wounded. A half-dozen subway stations attacked with firebombs. Hundreds of supermarkets vandalized and looted.
Markets are mechanisms of social choice, in which dollars effectively equal votes. those with more purchasing power thus have more influence over market outcomes
After years in which the European Council acted as if there were no qualified women to lead the European Central Bank, it has finally abandoned that ludicrous excuse and appointed Christine Lagarde to the position.
Voters who support populist parties and leaders are making political choices that they know to be risky because they feel as though they have nothing to lose.