“”If you’re at the bottom and the top keeps pulling away, you’re just further…”

September 30 Comments Off on “”If you’re at the bottom and the top keeps pulling away, you’re just further…” Category: Education, Feed, Tumblr

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“If you’re at the bottom and the top keeps pulling away, you’re just further behind.

[…]

Most families can’t compete. Incomes have barely budged for most Americans since 1980 after accounting for inflation. For the top 10 percent, IRS data show pay has jumped 80 percent after inflation. For the top 1 percent, it’s soared 177 percent.

The education divide has grown despite the multi-decade presence of Head Start, the federal program for nutrition and early childhood education. Most states rely primarily on a private pre-school system that can reinforce the wealth gap”

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– School spending by affluent is widening wealth gap.

“We pay banks for the privilege of fleecing us, a fact made obvious by the growing slice of corporate…”

September 29 Comments Off on “We pay banks for the privilege of fleecing us, a fact made obvious by the growing slice of corporate…” Category: Feed, Tumblr

“”We pay banks for the privilege of fleecing us, a fact made obvious by the growing slice of corporate profits generated by the financial sector. Employment in the financial sector hovers around 5 percent of the American workforce, while they skim a third of all corporate profits off the top. They create nothing and add nothing, so in essence, a massive chunk of American profit is made up of handling fees.””

– The big “middle class” rip-off: How a short sale taught me rich people’s ethics.

“”So is rectifying an existing disparity such a poor use of the UC budget? Well, at this point we…”

September 27 Comments Off on “”So is rectifying an existing disparity such a poor use of the UC budget? Well, at this point we…” Category: Feed, Tumblr

“”So is rectifying an existing disparity such a poor use of the UC budget? Well, at this point we should probably hand it to the system for refusing to turn their campuses into water parks. Actually, though, some universities are installing “lazy rivers” and other recreational amusements for the same reason that they’re paying their administrators like CEOs: The university has become a “business” with “customers” that used to be thought of as “students.”””

– The University of California Corrects “Injustice” by Making Its Rich Chancellors Even Richer.

“”Our survey of GSB alumni identified large valuations of zero-revenue businesses as the most…”

September 27 Comments Off on “”Our survey of GSB alumni identified large valuations of zero-revenue businesses as the most…” Category: Feed, Tumblr

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“Our survey of GSB alumni identified large valuations of zero-revenue businesses as the most concerning observation in the tech sector today. Perhaps these concerns stem from scars caused by the dotcom bust that these alumni lived through shortly after graduating; when companies went bankrupt in flocks as funding dried up and negligible revenues had no chance of supporting hefty operating costs.

The tech sector has had a remarkable run in the last 14 years. Nearly every business leader and investor we interviewed anticipates some kind of correction in the next 2 to 3 years”

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– Here’s what Stanford MBAs think about the tech bubble.