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...smallest seat in the country, Wentworth has become one of the Coalition's biggest headaches. Since Federation, Labor has never won the seat, and it isn't hard to see why. Dotted with galleries and boutiques, it contains many of Sydney's wealthiest suburbs and feels like Nohopeville for a party with working-class roots. But it's more complicated than that. A redistribution since the 2004 poll has given Labor a lift, as has a perception that the sitting Member, Malcolm Turnbull, is egregiously ambitious and opportunistic even by politicians' standards. In addition, Turnbull may pay a price...

Author: /time Magazine | Title: A Feel for His Audience | 11/2/2007 | See Source »

CONTEXT The latest federal income-tax data reveal that the income share earned by the wealthiest 1% of the population--those who make at least $364,657--is at an all-time high. The one-percenters earned more than 21% of the entire country's income...

Author: /time Magazine | Title: Dashboard: Nov. 5, 2007 | 10/25/2007 | See Source »

...year. Using the psychographic system Mosaic to track U.S. Internet users, it's clear that there's a class distinction between users of the two social networks. Facebook's most predominant group of visitors in Mosaic is "affluent suburbia," a group that Mosaic describes as "the wealthiest households in the U.S., living in exclusive suburban neighborhoods enjoying the best that life has to offer." The predominant group for MySpace, on the other hand, is "struggling societies," or households that are primarily single parent, single income, raising families on lower incomes and tight budgets...

Author: /time Magazine | Title: MySpace v. Facebook: Competing Addictions | 10/24/2007 | See Source »

...world—which has never charged tuition. But Bok says that because of the different socioeconomic demographics of each school—the Curtis Institute has very few students who are very wealthy—different tuition models are warranted.“Should we allow the really wealthiest families in America to send their children to Harvard for free?” he asks. “I think even those families wouldn’t agree with that.”Bok also laments the rise of merit scholarships in institutions of higher education today, albeit outside...

Author: By Jamison A. Hill, CRIMSON STAFF WRITER | Title: Why Can't Harvard Be Free? | 10/10/2007 | See Source »

...Forbes 400, is Harvard College’s most famous dropout, 42 people on the elite list actually did complete a Harvard degree. Of all the universities in the U.S., Harvard currently has the highest number of alumni recognized by Forbes magazine’s annual compilation of the wealthiest men and women in the nation. Stanford ranks second with 30 alumni, and the University of Pennsylvania ranks third with 24. Harvard Business School is the most well-represented division of the university, with 28 graduates on the list, including Fidelity President Abigail P. Johnson...

Author: By Michelle L. Quach, CONTRIBUTING WRITER | Title: Harvard Tops Forbes 400 List | 9/27/2007 | See Source »

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