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Facebook and Tahrir Square Revisited

Facebook's initial public offering last week 'offered' the world another double dose of windfalls and greed. But Egypt's elections this week may bring an IPO of a different sort, the 'initial public offering' of an antidote to avarice. Remember the heady days of the...

Wealthy of the World Unite — and Party

From Manhattan to Monaco, the world's super rich are fashioning themselves into a new global tribe of footloose and stateless. The rest of us get to gawk — and foot the ultimate bill. Back in 1863, in the middle of the Civil War, a short story took the American...

Gadgetopia Chasing After an Elusive Dream

Bits and bytes would be doing a lot more to help make our lives less nasty, brutish, and short if we shared wealth as routinely as bandwidth. From San Francisco, a new lesson in that reality. A brick factory makes 10,000 bricks a day. But then the factory happens on a...

So Much Tax Evasion So Little Accountability

Over two years ago, the IRS announced an ambitious new effort to subject the super rich to unprecedentedly intensive audits. How's that effort working out? Most lawmakers would rather you not ask. Every once in a while, our plutocrats drop all democratic pretense and...

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