Originally published 10/29/2013
The Nobel Prize-winning immunologist has just published "Pandemics: What Everyone Needs to Know."
Originally published 02/13/2013
After spending years dogged by unpaid debts, California labor leader Charles Valdes filed for bankruptcy in the 1990s—twice. At the same time, he held one of the most influential positions in the American financial system: chair of the investment committee for the California Public Employees’ Retirement System, or CalPERS, the nation’s largest pension fund for government workers. Valdes left the board in 2010 and now faces scrutiny for accepting gifts from another former board member, Alfred Villalobos—who, the state alleges, spent tens of thousands of dollars trying to influence how the fund invested its assets. Questioned by investigators about his dealings with Villalobos, Valdes invoked the Fifth Amendment 126 times....
Originally published 05/24/2016
Our most eloquent revolutionary, Thomas Paine, was a “forerunner of modern social insurance”, as the Social Security Administration calls him. In 1796, he advocated a 10% tax on the inheritance of property to create a fund which would pay a yearly pension to everyone over 50, “to enable them to live in Old Age without Wretchedness, and go decently out of the World.”
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