by Henry Oliner | Jan 25, 2015 | Politics
The Golden State is now home to 111 billionaires, by far the most of any state. In total, California billionaires personally hold assets worth $485 billion, more than the entire GDP of all but 24 countries in the world. At the same time, California also suffers the...
by Henry Oliner | Jan 18, 2015 | Economics
Like the Russian oligarchs, the moguls of turn- of- the- twentieth- century America have become so powerful because, unlike many firms in other industries, software giants such as Google, Facebook, Microsoft, and Oracle face still limited foreign or domestic...
by Henry Oliner | Jan 11, 2015 | Economics, Politics
Between 2001 and 2011, the number of nonprofits increased 25 percent to over 1.5 million today. Their total employment has also soared and at 10.7 million in 2010 was larger than that of the construction and finance sectors combined, expanding far more rapidly, adding...
by Henry Oliner | Jan 10, 2015 | Economics, Politics
Gentry liberalism effectively amounts to a sea change in what is now widely referred to as progressive politics. In the new formulation, the great raison d’ê tre for left- wing politics— advocating for the middle and working classes— has been refocused to attend more...
by Henry Oliner | Dec 7, 2014 | Consumer, Economics, Politics
From The National Review George Will writes Government for the Strongest and Richest Intellectually undemanding progressives, excited by the likes of Senator Elizabeth Warren (D., Mass.) — advocate of the downtrodden and the Export-Import Bank — have at last noticed...