The Productivity Myth

So here's the paradox: Americans are working 10 percent fewer total hours than they did before the recession, due to layoffs and shortened workdays, but we're producing nearly as many goods and services as we did back in the full employment days of 2007. Fed Chairman Ben Bernanke called these gai. . .

Open Letter to Lloyd Blankfein

Dear Mr. Blankfein, Goldman Sachs is clearly at a crossroads. It's not about whether the firm will be found guilty of the fraud charges lodged against you by the SEC. It's not about whether your firm will survive and continue to prosper. There's little doubt it will, no matter how many standoff S. . .

Disappointment as Opportunity

"Negative events do affect us," Daniel Gilbert writes in Stumbling on Happiness, "but they generally don't affect us as much or for as long as we expect them to. " In short, we're terrible forecasters of the future. 

When was the last time something happened in your life that initially seemed dis. . .

What Would You Do With $1,000,000,000?

The average working American earns $18. 90 an hour, or less than $40,000 a year.  Some 15 million Americans are currently unemployed.  Nearly two billion people around the world subsist on less than $1. 50 a day.  More than 16,000 children die each day from causes related to hunger. 

What do you thin. . .

Even Wild Dogs Protect Their Packs

Remember the film John Q, in which Denzel Washington plays a father whose son is diagnosed with an enlarged heart, and discovers his HMO won't cover the cost of a transplant? In desperation, John Q eventually storms the hospital and takes hostages.  His only demand is that his son be put on the . . .