We all need to save money to send our kids to college, to buy our first house, and to retire. But the truth is that most of us don't save very much.
From Timothy Noah
Being a teacher is back-breakingly difficult work. It is also extremely important work.
Being superintendent or the superintendent's chief of staff is important work, but there's no chance it's as difficult as being a teacher, and I hesitate to say that it's as important.
What people want is big government that they don't have to pay for.
When a conservative praises a liberal as 'morally serious,' he means that person is less liberal than most.
Was President Obama's endorsement of gay marriage crassly political? God, I hope so.
The thing to strive for is to get paid to talk about yourself.
One of my lifelong hobbies has been to collect 'aptronyms' - the newspaper columnist Franklin P. Adams's term for people whose names were curiously appropriate to, or provided ironic comment on, their occupations.
Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic sank, and risk management is a good deal worse.
Wal-Mart uses technology to increase sales volume, but the more it does so, the more it drives down profit margins - its own and everybody else's. The same logic does not appear to hold for Goldman Sachs.
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