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

A web of privilege supports this so-called meritocracy

Brad DeLong points to an article by Gary Younge in The Guardian: A web of privilege supports this so-called meritocracy: Shortly after Mitt Romney’s failed 2008 campaign for the Republican nomination his son Tagg set up a private equity fund with the campaign’s top fundraiser. One of the first donors was his mum, Anne. Next […]

What is meritocracy?

Andrew Gelman points to our confusions regarding merit in our social perceptions of winners and losers. I might make a list of naughty and nice sayings for another post. Tyler Cowen pointed to an article by business-school professor Luigi Zingales about meritocracy. I’d expect a b-school prof to support the idea of meritocracy, and Zingales […]

Why I Will Not Read Forbes Magazine

We’ve had a lot of fun with stuff written by Steve Forbes here at Angry Bear. But the magazine that bears his (or his father’s) name publishes humor by others as well. I was going to respond to Sammy’s post in the comments to that post, but figured my response could stand alone. Sammy quotes […]