Jeffrey Sachs: CEO Follies

Jeffrey Sachs: CEO Follies: There may be no group of people in the world more out of touch with U.S. ground reality than super-rich CEOs of major U.S. companies railing against Warren Buffett's suggestion that the rich should pay higher taxes. The Wall Street Journal today brings a somewhat surprising case in point ("My Response to Buffett and Obama," by Harvey Golub, August 22, 2011). Former American Express CEO Harvey Golub, generally respected among his peers, lets loose an ill-informed screed that shows the cocoon in which many of these CEOs live their lives.

The Daily Bell - Wishful Thinking: Why The Economist Wants Social Media to Replace Blogs

The Daily Bell - Wishful Thinking: Why The Economist Wants Social Media to Replace Blogs: "The Economist Magazine is out with an article entitled 'The end of mass media: Coming full circle.' It actually provides us with a kind of sub-dominant social theme – that 'social media' take us back to the pamphleteering days of Samuel Johnson, Ben Franklin, Thomas Paine and others.
This has been, in a sense, a message of ours for many years. And here at DB, we've regularly compared the output of the Gutenberg Press and its revolutionary influence to the Internet. The Economist is about 10 years late in joining the party."