Democratic National Commission and the Clinton Foundation Charles Ortel is a former Wall Street banker, having been a Managing Director at Dillon Read and Newport Value Partners, and private financial investor. In 2007 he became a whistleblower and was instrumental in bringing down General Electric after revealing GE’s fraudulently overvaluing its stock by many billions of dollars to mislead its …
Meditations and Molotovs – 03.27.17
On today’s program, Vince speaks with Andrew J. Bacevich about his most recent book, “America’s War for the Greater Middle East.” Bacevich is Professor of International Relations and History at Boston University. A graduate of the U.S. Military Academy, he received his PhD in American Diplomatic History from Princeton University. Before joining the faculty of Boston University, he taught at West Point and Johns Hopkins.
Bacevich is the author of Washington Rules: America’s Path to Permanent War (2010). His previous books include The Limits of Power: The End of American Exceptionalism (2008); The Long War: A New History of US National Security Policy since World War II (2007) (editor); The New American Militarism: How Americans Are Seduced by War (2005); and American Empire: The Realities and Consequences of U. S. Diplomacy (2002).
JOHN WIGHT – Venezuela on the Brink
The crisis engulfing Venezuela appears to have reached the point of no return. Inflation is heading for 1000% while shortages of food and other essentials are now widespread. It has prompted many to speculate that it is just a matter of time before President Maduro is forced from office and Chavism is consigned to the dustbin of history. The legacy …
Melissa Breyer – The top 10 leading causes of death in the US
With the alarming news that US life expectancy rates went down last year, here are the causes. In the 18th and 19th centuries, Americans could expect to live into their early 40s … and that was about it. Modernization has led to a dramatic increase in how long we live, and life expectancy rates have enjoyed a steady, if not …
Narayana Kocherlakota – The Rich Are Different, and It Matters
Inequality in the U.S. depends on how you look at it: Some groups of rich households, for example, have fared much differently than others. Such nuances are crucial in understanding the phenomenon — and what policy makers should do about it. Let’s start by focusing on the income of the top 1 percent of Americans, compared to that of the top 10 …
BEN CASSELMAN and ANDREW FLOWERS – Rich Kids Stay Rich, Poor Kids Stay Poor
On Friday, a team of researchers led by Stanford economist Raj Chetty released a paper on how growing up in poverty affects boys and girls differently. Their core finding: Boys who grow up in poor families fare substantially worse in adulthood, in terms of employment and earnings, than girls who grow up in the same circumstances. (The Washington Post has a good write-up of …
Jan-Emmanuel De Neve – Income Inequality Makes Whole Countries Less Happy
Most talk of income inequality focuses on the problems of the very poor or the broader socioeconomic implications of rising inequality. What is less well-known is that income inequality makes us all less happy with our lives, even if we’re relatively well-off. We examined data from the Gallup World Poll and the World Top Incomes Database and found that the …
ROBERT REICH – The Revolt of the Anxious Class
The great American middle class has become an anxious class – and it’s in revolt. Before I explain how that revolt is playing out, you need to understand the sources of the anxiety. Start with the fact that the middle class is shrinking, according to a new Pew survey. The odds of falling into poverty are frighteningly high, especially for the majority without …
A long established pattern of mortality decline has reversed, due to drugs, alcohol and suicide
PRINCETON, N.J.–Despite advances in health care and quality of life, white middle-aged Americans have seen overall mortality rates increase over the past 15 years, representing an overlooked “epidemic” with deaths comparable to the number of Americans who have died of AIDS, according to new Princeton University research. The results are published in a new paper in the Proceedings of the …
Robert Frank – The Perfect Salary for Happiness: $75,000
In July, I blogged about a study that revealed subtle links between money and happiness. The study, which analyzed Gallup surveys of 450,000 Americans in 2008 and 2009, suggested that there were two forms of happiness: day-to-day contentment (emotional well-being) and overall “life assessment,” which means broader satisfaction with one’s place in the world. While a higher income didn’t have …