Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.
James SurowieckiIf private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money.
James SurowieckiMaking loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves making small loans to poor entrepreneurs, usually in developing countries.
James SurowieckiBeing unemployed is even more disastrous for individuals than you'd expect. Aside from the obvious harm - poverty, difficulty paying off debts - it seems to directly affect people's health, particularly that of older workers.
James Surowiecki