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Viewpoint: Kansas City Federal Reserve Bank President Thomas Hoenig
feature From a speech given Feb. 23: “Today I am convinced that the existence of too big to fail financial institutions poses the greatest threat to the U.S. economy. The incentives for risk-taking have not changed post-crisis...
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The true meaning of ‘greed’
feature In its original meaning, greed is a vice that’s “bad for society” because it uses “coercion or deception to advance one’s well-being at the expense of another,” said Charles Kadlec in Forbes.com.
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Business columns: Netflix shows the way on CEO pay
feature As Netflix has prospered, so has Hastings—but in tandem with other shareholders rather than at their expense, said Chris O’Brien in MercuryNews.com.
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Business columns: 9/15 may loom larger than 9/11
feature When the history books are written, 9/15—marking the Sept. 15, 2008, collapse of Lehman Brothers—will likely be the more important date, said Gideon Rachman in the Financial Times.
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The robber barons of Silicon Valley
feature Today’s tech entrepreneurs talk of lofty ideals, but they display a “ruthlessness rivaling history’s greatest industrial bullies.”
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In defense of the big banks
feature The argument for breaking up big banks may be “simple and sound-bite-ready,” but every part of it is “based on a fallacy.”
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When 401(k)s make us poorer
feature For the many who can’t afford to defer a portion of each paycheck, 401(k)s are a raw deal, said Stephen Gandel at Time.com.
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Why a wealth tax makes sense
feature A wealth tax would do a much better job of capturing the various forms of income enjoyed by the very rich, but often missed by our messy tax code, said Ronald McKinnon at The Wall Street Journal.
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Chasing unachievable profits
feature These unrealistic expectations come from analysts who “tend to fall in love with the companies they’re covering” and don’t forecast for the market as a whole, said Geoff Colvin at Fortune.
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A deficit of insight about debt
feature Unemployment today is a far bigger problem than the deficit, and we need to spend to fix it, said Paul Krugman at The New York Times.
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In praise of the introvert
feature Brainstorming sessions have been shown to be “one of the worst possible ways to stimulate creativity,” and the bigger the group, the worse the performance, said Susan Cain at The New York Times.
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Fast lane for world’s middle class
feature For a true sense of how quickly the global middle class is growing, just look at car sales.
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Viewpoint: Allan Sloan
feature From Fortune: “We have an unfortunate tendency in this country to treat people as either heroes or villains, with no gradations in between....
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Germany’s cynical fix for Europe
feature The Germans denounce other countries’ profligacy even as they cover up “their own grievous and expensive misjudgments,” said Walter Russell Mead at The American Interest.
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