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Remembering When Citigroup 'Cared' about Inequality

Citi analysts spent two years obsessing over luxury consumption by the rich. Last week, the ultimate symbol of that consumption — the fine art bubble — finally popped. Back a year ago, not long after Bear Stearns bit the Wall Street dust, buyers and sellers at New...

390 Years Minus 100 Days ... And On, Pt. 5 of 5

Coming to terms with race and resolving racial disparity in America feels like an insurmountable, unfinished task, because it is unfinished. The work was started and abandoned, started and abandoned many times by generations before us. But it’s only...

An Icy Oasis from the Great Meltdown

Amid our world’s economic wreckage, today's New York Times marveled, at least one developed nation seems to be doing just fine. That nation — little Norway — actually grew economically last year. Norwegians today haven’t just sidestepped the...

Change Policy, Change Behavior

As a parent, I'm familiar with the powerful effect that even the threat of a "change in policy" can have on behavior. It can bring troublesome, annoying, or even hazardous behavior to an abrupt end. That change in behavior suggests two things: that behavior could have...

More Evidence For Reining In Credit-Card Companies

The Senate is expected to vote either later today or Friday on a credit-card reform bill. As debate continues on that bill—and as President Obama ratchets up the pressure with a town hall meeting on the subject—a recent report by the Center for Responsible Lending...

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