‘Among its rivals – China, India, Germany and Japan – the United States no longer figures as a superpower. With the worst infrastructure in the advanced world, a disappearing middle…
One word can have such distinct meanings that I never connect them. Consider the words ‘conversion’ and ‘redemption’, important in the vocabularies of Christians and the bond market. And then…
MEGO Alert: My Eyes Glaze Over having heard about executives’ comp in financial services ever since the Reagan-Bush leveraged-buy-out boom, as probably do yours. So be warned: numbers below. But…
The election results, which at mid-afternoon seem foreboding, will be known when most see this post. As I distracted myself this afternoon, I happened across a couple of quotations attributed…
When listening to the Declaration of Independence tomorrow, it’s well to recall how much of today’s American politics – and fiscal frolics – have English precedents. Our break with…
I started this post on Wednesday, a brilliant late fall day just as Nov. 22, 1963, was in southern New England. Like everyone else alive that day, I…