According to Reuters, a group of more than 100 billionaires and millionaires calling themselves “Patriotic Millionaires” has issued an appeal to politicians and business leaders to make them pay more taxes. According to the group, “the ultra-wealthy were not currently…
One of the most curious individuals in the cryptocurrency financial industry is Sam Bankman-Fried. In just a few years, he has turned from an anonymous son of two college professors into the richest person under thirty (he is twenty-nine), with…
In the 2nd half of 2021 alone, more than 25 million Americans had quit their jobs. This wave, dubbed “The Great Resignation” or “The Big Quit,” is the largest wave of resignations since recording of data began at the turn…
The solution to mass unemployment is to setup a system where people’s basic needs are met while they engage in connection-enriching education. When we start learning, listening to and discussing on a mass scale what our nature is, what nature…
Space seems to be too small for Elon Musk, the richest man in the world. After making private space travel a reality his next goal is to conquer the information planet. The business magnate has offered to buy Twitter for…
Why is gold so valuable? It is because we want to apply our efforts into various immutable material objects, i.e. objects that will not decay or rust. In relation to spirituality, gold represents the full correction of egoism, i.e. when…
In an interview for CBS News on March 8, 2009, during the financial crisis that became known as the Great Recession, then Wachovia Corp. economist Mark Vitner said that untying the world’s entangled economies is “like trying to unscramble scrambled eggs. It…
“US Bonds Flag Recession Risk,” says today’s headline on Bloomberg.com. “Futures Put S&P 500 on Course to Enter Bear Market,” reads today’s headline of The Wall Street Journal. Other newspapers, too, devote their business sections to the worsening economic outlook, and everyone…
A viewer of one of my shows sent an email describing the following sad story: Several years ago, I started a business with a childhood friend. Many people recommended that we sign a business contract with an attorney, but it…
A few weeks ago, someone bought a Mega Millions ticket at a Speedway gas station in Des Plaines, Illinois. That ticket turned out to be a single winner and the owner won USD 1.337 billion. A student asked me about…
If this were not a true story, I would think it is a bad joke. Japan’s National Tax Agency (NTA) has launched a campaign called “Sake Viva,” which encourages young people to increase alcohol consumption. “Over the last decade,” explains…
I recently wrote about the teachers’ crisis in Israel and how I think it should be resolved. I am pleased that the teachers’ union has reached an agreement with the Ministry of Finance and that the teachers will receive a…