Relevant and even prescient commentary on news, politics and the economy.

What’s old is New Again

This NY Times piece is making a comparison to yesteryears when those mansions in Newport, RI were built. It starts with Sanford I. Weil of Citigroup and how he compares to Andrew Carnegie. First, how does this period compare: Only twice before over the last century has 5 percent of the national income gone to […]