The Essence of a Meritocracy It’s about our children … your kids, Marty. Something’s got to be done about them (paying respects to Back to the Future, Part II). Meritocracy has defined America’s success. It’s been the cornerstone of the American Dream. In order...
A History Lesson An often-heard refrain today among younger Americans is that they don’t have the same opportunities to achieve the American Dream as their parents and grandparents had. Jobs are scarcer. The jobs that are available don’t provide the same level of income...
Diversification versus Diworsification Diversification is a means of wealth preservation that spreads investments among a range of assets and asset classes. It relies on the concept that owning different kinds of financial assets is less risky than owning only one type and requires an investor...
A Delicate Balancing Act The NY Times on May 21st published an editorial entitled “Charity Won’t Solve Student Debt” the title of which spotlighted the student loan debt debacle crisis. Total student loan debt now stands at $1.56 trillion with more than 44 million Americans...
The Work Ethic and Demographics Many Americans believe that younger generations don’t have the same work ethic as their elders. They don’t put in the effort, or the hours, of older generations in trying to achieve the American Dream. They’re not as motivated for...
