Rampant Youth Unemployment in the United States and Europe: How we got here and how to get out of the mess. Misleading a generation of young people. Part 1

You meant well when you preached the value of higher education to your children. You constantly pushed and prodded your son or daughter: Go to a university. Get a degree. Stay with it. Make good grades. And, if necessary, borrow lots of money to pay for four years of higher education—-or possibly five or six…

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Costs Matter Everywhere: Whether running a show on Broadway or trying to reach a retirement goal, costs are key.

The principles of value investing are as important on the Great White Way as they are on Main Street, where the average person tries to achieve a long-term financial goal. Indeed, that is what I learned after I recently completed a story for the New York Post on why so many Broadway shows don’t make…

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What Next? And Next? (i): A shorthand history of Modern America at war. After Vietnam, the Imperial Presidency continues to expand. Part VII, the end of the series.

President Johnson and other presidents, who had taken the country into seemingly endless wars, had often lied to the American people. It was the people who paid for these wars in countless ways. The Bundy brothers, William and McGeorge, two Johnson advisers and the architects of the Vietnam War, were supporters of an America acting…

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The Quiet Crisis in America, Part 2: A lack of savings makes the last years a miserable time for many.

The lack of retirement saving, an over reliance on old-age government welfare programs such as Social Security, is creating a crisis for millions of Americans in their 50s and 60s. Before I begin to offer some suggestions, let us, once again, detail how many Americans are facing a difficult retirement or already are in one.…

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The Quiet Crisis in America, Part I: A lack of savings makes the last years a miserable time for many.

“Old age is a shipwreck,” Charles De Gaulle, president of France and creator of the Fifth Republic in 1958 Millions of Americans are having or will be having a terrible retirement. Their lives are now or will be a shipwreck. They virtually live from Social Security check to Social Security check. “Just under a third…

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Je suis Charlie: The spirit of liberty is under attack. Will it survive?

“If there is any principle of the Constitution that more imperatively calls for attachment than any other, it is the principle of free thought—not free thought for those who agree with us but freedom for the thought that we hate.” Justice Oliver Wendell Holmes Free thought either means that—-people are free to publish and write…

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