Back in the olden days, I covered health care services at an investment bank that was quickly developing a specialty in the Internet. The talk then was that the Internet would revolutionize advertising because of the tight targeting and tracking capabilities. Advertisers would read their ideal customers, who would click on an ad to buy… [Read More]
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Iconic.
Yes, I still buy books on paper. Where else can you find Chinese authors in translation in print these days?
Income inequality in the U.S.
I spent a lot of time last week pulling up charts on income inequality in the U.S. to use in class.This chart is from the Congressional Budget Office and shows the difference in income distribution between 1979 and 2007. It doesn’t look good, and that was before the recession. The interesting thing is that there… [Read More]
Your 401(k) is not free money
I recently did a profile of pension reform in the state of Rhode Island for InvestHedge magazine. The treasurer of Rhode Island, Gina Raimondo, was in Chicago to talk about the reform process, and she said that it included a defined contribution plan that was similar to a 401(k) plan, but with one huge difference:… [Read More]
