The assertion that everyone benefits simultaneously from free trade is simply incorrect.

The assertion that everyone benefits simultaneously from free trade is simply incorrect.

People aren't looking at how they're doing, but rather at how their neighbors are doing and at their own place in society.

It comes as no surprise that average Americans have a different perception of the economy than (US President) George W. Bush and his friends. They can play around with statistics as much as they want, but it's clear that we have an unfair distribution of wealth.

Cash is very easy to hide. It's easy to hoard. It's easy to move, especially these large bills.

It's quite astonishing how much money people make in the hedge fund business and in the private equity field, and how well-off affluent families really are.

... far more people make a living as professional chess players today than ever before. Thanks partly to the availability of computer programs and online matches, there has been a mini-boom in chess interest among young people in many countries.