Is socially responsible capitalism losing? on June 12, 2017In December, 2015, a new startup called Juno entered the ride-hailing market in New York City with a simple proposition: it was going to treat its drivers better than its competitors, notably Uber, did theirs-and do “something that was socially responsible,” as one of Juno’s co-founders, Talmon Marco, told me last fall. In practice, that […]
Is Wall Street responsible for our economic problems? on March 5, 2017When I met Jeffrey Sachs, an economist at Columbia University and the author of “The End of Poverty,” for coffee recently, he was stubbornly holding on to a sense of optimism in spite of a discouraging turn in world events. Sachs served as an adviser to Bernie Sanders during his Presidential campaign, and has published […]
Trumps Wolves of Wall Street on December 4, 2016On Thursday morning, a headline on the cover of Le Monde, France’s centrist daily newspaper, declared, “Steven Mnuchin, un Loup de Wall Street à la Maison Blanche”-“A Wolf of Wall Street in the White House.” The subtitle described Mnuchin, who, pending confirmation, will be the next Treasury Secretary, as “one of those pure products of […]