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...engineered the passage of NAFTA, the ratio of CEO wages to those of the average U.S. worker skyrocketed from 113 to 1 in 1991 to 449 to 1 at the end of his presidency. According to the Congressional Budget Office, from 1979 to 1997, the average household in the lowest quintile declined significantly, while the average household in the top 1 percent soared from $256,400 to $644,300. Households in the middle quintile barely rose. Yes, someone is cleaning up from the Washington Consensus, and it is clearly not Joseph and Josephine Six-Pack...
...that, he said, has dumbed down American political discourse. Says Gore, a onetime newspaper reporter who wrote a college thesis about TV and the presidency: "[TV news] does not lend itself most readily to the conveyance of complex ideas about self-governance. Instead it pushes toward a lowest common denominator...
...greater risk of heart disease than men with more robust social networks. The researchers looked at marital status, number of close friends and family members, and participation in social and religious clubs. Compared with men in the highest quartile on the social-network index, men in the lowest fourth had significantly greater blood levels of C-reactive protein and interleukin-6, substances that are associated with inflammation and are believed to be markers for cardiovascular disease. Curiously, researchers found no such link between social well-being and heart disease risk among the women they studied. --By Sora Song
Venture capital investment in the U.S. is steadying after three years of sharp decline. Though the $4.2 billion invested in start-ups in the third quarter dropped 4.4%, this is the lowest year-to-year quarterly decrease since the industry peaked in the first quarter of 2000, when $28.6 billion was invested. "It was an unhealthy level of investment in 1999 and 2000," says the National Venture Capital Association's Jeanne Metzger. "Now we've leveled off comfortably, at about $4 billion a quarter." Biotech is the main beneficiary, having received $873 million in the third quarter, unseating software...
...what was Yale’s problem? How did the Bulldogs end up with 19 points, their lowest total of the entire season—a number Plumb called “laughable?...