Warren Buffett described public pension plans as a "gigantic financial tapeworm" and warned of a decade of pain. He was right on the first point, less so on the second.
Maybe the error lies not in too much intervention to boost wages, but in assuming a healthy economy is possible without such corrective action. Maybe we can provide living wages and decent benefits and still thrive economically. Maybe Bill Gates and Warren Buffett are wrong.
Most of the financial advice in this country focuses on saving and retirement when in reality, you cannot save your way to financial freedom. Creating financial freedom is literally impossible without creating multiple flows of income for an individual, family or even a company.
There is a line in one of Ludacris' song that I really like: "What is a life worth living if it's not on the edge? Why go through life only to arrive ...
The result of the Republican budget would be opportunity only for those who already have money. So, of course, the GOP had to try to kill a budget conceived under the proposition of opportunity for everyone.
Genuine charity or philanthropy requires, above all else, that we are dedicated to seeing to it, first of all, that every human being has access to all the basic human rights.
I thought it would be valuable to take a lesson on fear from legendary investor Warren Buffett. After an epic run in 2013, stocks have taken a breather to start the new year. If you read the recent headlines, you'd probably be scared stiff.
"Affair" is an odd word. In French "les affaires" are business (the business section of Air France is called ...
There are initiatives underway in the sector of philanthropy that are not top-down, but ingenious, effective, and inspiring. We need to bring more attention to these efforts, in order to spur a new and vigorous approach to more effective giving around the world.
The efforts of historical women who started companies, took companies out of bankruptcy, developed new business models and created new product lines provided a road map for women today.
For eight years the inhabitants of several coastal villages in the state of Odisha, whose fields and vines enable a flourishing economy, have been resisting eviction to make way for POSCO's steel plant and an associated port.
On December 20, both chambers of the U.S. Congress passed a little-noticed bill to expedite permitting for hydraulic fracturing ("fracking") on public lands in the Bakken Shale basin, located predominantly in North Dakota.
By mobilizing the nation's leading thinkers, Clinton could tap the spirit of Francis to propel the next great era of shared American prosperity.
The growth of the U.S.'s bigger and broader productive economy has been stunted by bad policies and bank bailouts benefiting rent-seeking financiers siphoning off an outsized percentage of the nation's gross domestic product (GDP).
On the same day a BNSF oil train derailed and exploded in Casselton, North Dakota, Warren Buffett -- owner of holding company giant Berkshire Hathaway, which owns BNSF -- bought a major stake in pipeline logistics company Phillips Specialty Products Inc.
There was something almost apocalyptic about 2013. But much happened that was hopeful this year -- a new pope focused on inequality, successful minimum wage campaigns spread across the country, and the number of states allowing gay marriage doubled.