Insurers' stock unhurt by the dawn of the health care law

Read my DataPoints column in the NYT today on how the market expects health insurers to do just fine under Obamacare.

Eating Our Young

Read my Newsweek Cover on Eating Our Young. When times get tough we're cutting back on our young.

European Stocks Finally Showing Signs of Recovery

Read my piece in the NYT on whether we're seeing the start of a European Economic Renaissance.

Why Verizon Wanted it All

Read my Datapoints column in the NYT on the story behind the Verizon/Verizon Wireless $130 billion deal.

More evidence that income inequality is accelerating under Obama

The world's leading experts on income inequality, Saez and Piketty, have updated their study of income inequality in the US and have found that the top 10 per cent of earners accounted for half of all income earned in 2012, the highest level ever. Income inequality has been growing for some 30 years now. Isn't it concerning that after all that time the rate of increase is actually accelerating instead of slowing down? Isn't it also shocking that the Bush era, typically thought of as worsening inequality, may not look as bad as the Obama era?

Income Gap Grows Wider and Faster

Read my New York Times Datapoints column on how income inequality has accelerated during the Obama Administration.

The Price of Influence

Data Points:

General Electric lobbying spending 1998 - 2013: $294 million

Jeff Bezos purchase of The Washington Post: $250 million

As prices of prime media properties plummet, America's corporate chieftains have unprecedented opportunities to increase their influence. Prices are now comparable to what the biggest companies are spending on influence.
(Source: Opensecrets.org)