This Cartoon Explains How the Rich Got Rich and the Poor Got Poor

Something massive and important has happened in the United States over the past 50 years: Economic wealth has become increasingly concentrated among a small group of ultra-wealthy Americans. You can read lengthy books on this subject, like economist Thomas Piketty's recent best-seller, Capital in the Twenty-First Century (the book runs 696 pages and weighs in … Continue reading This Cartoon Explains How the Rich Got Rich and the Poor Got Poor

TPG’s Bill McGlashan is put on indefinite leave after being charged in a giant college admissions cheating scandal

Bill McGlashan, who built his career as a top investor at the private equity firm TPG, has been put on “indefinite administrative leave, effective immediately,” says the firm after McGlashan was caught up in what the Justice Department said today is the largest college admissions scandal it has ever prosecuted. McGlashan is among 49 others … Continue reading TPG’s Bill McGlashan is put on indefinite leave after being charged in a giant college admissions cheating scandal

Quantum Monism Could Save the Soul of Physics

“The most incomprehensible thing about the universe is that it is comprehensible, ”Albert Einstein famously once said. These days, however, it is far from being a matter of consensus that the universe is comprehensible, or even that it is unique. Fundamental physics is facing a crisis, related to two popular concepts that are frequently invoked, … Continue reading Quantum Monism Could Save the Soul of Physics