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What Is the Price of Love?

Valentine’s Day must be former billionaire Tim Blixseth’s least favorite day of the year. The 67-year-old timber baron turned real estate developer has not exactly been, you might say, lucky in love. A first wife came and went. Ditto a second. Wife number three did...

Plutocrats Want to Raise Road Tolls Astronomically

Early this past December, Virginia state officials opened up their latest “dynamically priced” toll superhighway, a 10-mile stretch of interstate that runs from Northern Virginia into Washington, D.C. Ten days later, commuter Chris Kane looked up at the signage that...

A New Benchmark for Measuring Progress Against Inequality

Oxfam is once again making headlines on inequality. On the eve of the annual Davos World Economic Forum in Switzerland, the activist global charity released its own annual contribution to the global economic debate: an updated analysis of our planet’s grand divides in...

Enormously Lucky Man? Or Ultra-Deserving Deep Pocket?

Eric Schmidt, a top executive at Google ever since he joined the company as CEO back in 2001, is stepping down later this month. He’s leaving his latest executive slot about $14 billion richer than when he began his Google career. Expect a digital avalanche of praise...

The Free Market Made Us Do It!

Apologists for the many millions in compensation that America’s largest corporations regularly dole out to their top executives have essentially one basic, all-purpose go-to defense. America’s corporate giants, this defense contends, are just paying the going “market...

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