Billionaires and Charity

MacKenzie Bezos, now-ex-wife of Amazon founder Jeff Bezos, made headlines when she got $36 billion as her divorce settlement, and then promptly made more headlines when she joined the Giving Pledge, an initiative whereby the world’s wealthiest promise to give a...

Your Mattress or Your Life

EDITOR’S NOTE: This guest post is a companion to the recently published Robbing Mattresses. I’m sure you’ve heard the narrative. The wealthy just get wealthier, and the poor just get poorer. Without massive government intervention, perhaps even a...

Picking Winners and Losers

We are well into the second year of Trump’s trade war, which has produced a volatile but flat stock market (The S&P 500 index sits, at this moment at 2856, almost precisely its 2873 value of January 28, 2018, just before this trade war began), and which...