Charles Koch is an American businessman, political donor and philanthropist. He is co-owner, chairman of the board, and chief executive officer of Koch Industries. And he’s hated by the political Left. The question is, “Why?”...
It’s been spoken by comedian Sarah Silverman: MEDIA CLIP: Oh, hi. I’m Sarah Silverman, writer, comedian, and vagina owner. Women make up almost half the working population, yet we typically earn just 78 cents for every dollar a man makes in...
On Thursday, the Bureau of Labor released it’s jobs report for June, 2015. According to the report, the economy added 223,000 jobs, and the unemployment rate dropped to 5.3%. The problem with the jobs report is that, while the unemployment rate...
Of the jobs lost during the recession, about 60 percent of them were in what are called “mid-wage” occupations. What about the jobs added since the end of the recession? Seventy-three percent of them have been in lower-wage occupations, defined as...
McDonald’s had a bad Tuesday. They released their quarterly earnings report on Tuesday and through it we discovered that the fast food chain a 30% decline in quarterly profits on a 5% drop in revenues. It wasn’t one region that brought...
Professors at Northwestern University have just published a study that looked at the download habits of internet users, particularly as it relates to peer-to-peer file sharing. “The researchers analyzed 10,000 anonymous BitTorrent users from...
I’ve been talking about income inequality over the last couple of weeks. In a previous post, I noted that many jobs will become automated and no longer needed. At the British paper, The Telegraph, the inventor of the internet – no, not...
In the previous post, I noted that one of the major causes of income inequality was the rise of technology. In fact, it may be the primary cause of an increased income inequality here in the US. Today, Computerworld.com published an article with...
While doing my doctoral work, my faculty mentor, Leonard Sweet, introduced me to the Well Curve. The Well Curve is the inverse of the Bell Curve, The bell curve defined “normal distribution” – and it became a fundamental law of...
American Inequality in Six Charts, an article in The New Yorker, looked at income inequality in the U.S. and did so using a set of charts put together by the Center for American Progress, the center-left think tank founded by Bill Clinton’s former...