A utopia only for the rich is no utopia at all. Americans have to decide whether they are going to continue to chase after an unobtainable mirage, or choose to construct a society where the vast majority have the same chance at a happy and prosperous life as the lucky few.
Every day, I meet people who have become unemployed, taken a pay cut or are experiencing a slow period in business. They have credit card and student loan debt, and their taxes, food, and fuel costs are all skyrocketing. Sound familiar?
When most people think of estate planning, they think of creating wills and trusts to distribute their financial assets. If our legacy is to be lasting, we must preserve and perpetuate our values as well.
There is a policy myth is that churches and charities alone could take care of the problems of poverty -- especially if we slashed taxes. But this really has more to do with libertarian political ideology than good theology.
Since poverty can often be context-specific, the subjective decision of how to define poverty is a key challenge in comparing poverty rates across countries. Nonetheless, the OECD has come up with a system.
The classic safe-haven investment has seen a strong uptrend in value since the autumn of 2008. Various factors have been credited as drivers of this move, but what is the risk gold could lose its luster?
Retiring the national debt shouldn't even be an issue in Washington. The national debt as a percent of GDP has been higher in the the past and we survived. The key to that survival was to grow the economy.
Making the decision to cohabitate vs. marry is obviously complex and certainly not always about what's smart financially. Emotions play a significant role and have their way of making a significant and often time unconscious impact on the decision.
The oil price has skyrocketed over the past few months and the finger often points to Libya and claims of supply disruptions have dominated the press. However, are these claims grounded in fact or are we watching yet another sentiment driven bubble?
No one will replace Bob Herbert at the Times, and that is our great loss, for his kind of journalism is a rarity. But, we will be watching and waiting to see what this journalists' journalist -- and our friend -- comes up with.