This is actually even what the richest should want, because although they would pay more in taxes for universal basic income, leaving them a slightly thinner although still very thick slice of the overall pie, the slice of the pie itself would grow, leaving even them better off as well.
The Economist's Feb. 6 cover displayed the Venus de Milo statue pointing a revolver, with the headline "Go ahead, Angela, make my day." In the editors' upside-down world, Greece is threatening Europe, or at least Germany. Really?
2014 was no slouch year. Over the past 12 months, one has seen a spectacular confluence of ideas, events and initiatives that demand fresh, thoughtful attention. So to the Buzzfeed-esque lists that cap the year - and effectively write the history of 2014 - let's add these five developments.
In today's topsy-turvy environment, all bets are off. Rather than focus on critical upcoming legislative elections and a major conference to help attract investments to Egypt's struggling economy, TV channels seem sidelined by matters that raise eyebrows and questions given their timing.
Giving something to charity isn't really the same as living every day with a charitable heart. Granted, we are called to give generously to others from what we have, but a charitable heart goes further.
Institutionalized racism is so deeply embedded in the fabric of our everyday lives that it can rear its ugly head anywhere from an Economist book review that whitesplains slavery to the front offices of the Atlanta Hawks.
Compare the "let's have tea" depiction of American foreign policy to the classic image of President Theodore Roosevelt's "big stick" diplomacy and it's clear that something is terribly wrong with America's approach to crises around the world.
To anyone far removed from the Wall St. titans of finance, it would seem that this huge chain of ice-cream stores is a model for successful business. This was my impression until a couple of weeks ago when I read "Business in Mexico: The Peter Pan Syndrome," published in The Economist.
"The Economist World Ocean Summit" in Half Moon Bay California at the end of February drew hundreds of attendees. I, and The Economist's Editor-in-Chief John Micklethwait, called it "Davos for the Ocean," but I didn't mean that as a compliment.
Shortly after takeoff, something happens. I can't help eyeballing the SkyMall catalogue in front of me. I dog-ear my New Yorker, open the catalogue with a sigh of defeat and cave to the sick pleasure of wondering who really buys all that sh*t.