The Ordinary Investor

“Each man sees himself in the Grand Canyon,” wrote Carl Sandburg, in Good Morning, America (New York, Harcourt, Brace, 1928). The image of the individual lifting himself up by his own bootstraps is at the core of the American identity. … Read more

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The Investing Imperative

One of the world’s leading economists on the subject of inequality has written a new book that promises to change the frame of reference for this controversial topic. As evidence of the rightward shift over the last thirty years of … Read more

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The New Math

My college academic adviser, a math professor whom I now count as friend, is a patient teacher. Years after my having branched off into economics and business, he summarized for me the essence of mathematics. I had missed the overarching … Read more

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The Best of Disinfectants

A recent Frontline® documentary, “The Retirement Gamble,” broadcast on PBS, offered a sobering glimpse into the challenges facing ordinary investors as we work toward the goal of financial security. While there is only so much of a topic with such … Read more

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Leading by Example

Perhaps it is because we are in the midst of an election year, but the scarcity of leadership among our public officials in Washington seems to be in high relief. Given my occupation, I was delighted to read recently about several members … Read more

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