History Readings

in 2001, just about a third of Americans had a bicycle (~90 million bikes, for some 285 million people)

Like the college-admissions officer of his nightmares, he just finds race too useful as shorthand to refrain from giving "special treatment" based on skin color. But only when the "special treatment" unfairly disadvantages blacks -- never when it advantages them.

I nevertheless find it perverse that he insists on the scrupulous treatment of young black males as individuals anytime they would benefit from group preferences, and then, when they'd most benefit from being treated as individuals rather than dark-skinned objects of suspicion, he prejudges all young black males based on statistics about the racial group to which they belong.

For Hanson, it is a miscarriage of justice worth lamenting if an Asian-American applicant to UC Berkeley loses a spot to a black applicant due to racial preferences

What is the likely result of that injustice? The Asian-American applicant must attend UCLA or UCI.

What are the consequences of racial-profiling, the form of individuality-effacement Hanson defends? Countless innocent black men -- that is to say, the vast majority who will never rob or assault anyone -- walking around under constant, unjust suspicion from fellow citizens and law enforcement; heightened racial tension across America; prejudice passed down across generations; and some innocent blacks killed while under wrongful suspicion.

World Wide once had behavior modification schools in at least 11 states, as well as countries including Costa Rica and Mexico. In recent years, hit by the recession and accusations of abuse, Mr. Lichfield has divested ownership of the schools, which he once likened to McDonald’s franchises. But the programs’ structure and the disciplinary philosophy he helped conceive continue to be the template at most if not all of the schools.

Mr. Lichfield, family members and business partners have financial interests in a layer of secondary companies through a web of limited liability companies, consulting arrangements and property ownership that Mr. Lichfield has acknowledged in depositions — while also saying he does not fully understand the links himself. These entities oversee the marketing, business and educational services for many of the schools, and have received up to one-third of the programs’ gross revenues, according to business records and court depositions.

According to business filings and Mr. Lichfield’s court testimony, the schools and programs that have ties to Mr. Lichfield and his associates are Horizon Academy, Cross Creek Programs and Old West Academy in Utah; Seneca Ranch in South Carolina; Midwest Academy in Iowa; Red River Academy in Louisiana; and Pillars of Hope in Costa Rica. Annual tuition ranges from about $36,000 to $60,000. Most of the schools denied an affiliation with World Wide.

World Wide schools in Samoa, Mexico and Costa Rica, in addition to the Czech Republic program, have closed after concerns were raised about mistreated children. World Wide says that while the school in Mexico was closed by the Mexican authorities, the other three programs were closed voluntarily. World Wide denies that any children in the Mexican program or the others were abused.

the biggest problem is that there are simply many, many more high-priced lawyers today than there is high-priced legal work.

Within the next decade or so, according to one common hypothesis, there will be at most 20 to 25 firms that can operate this way—the firms whose clients have so many billions of dollars riding on their legal work that they can truly spend without limit. The other 200 firms will have to reinvent themselves or disappear.

It was only when I suggested that a mere fraction of the world’s Big Law firms would survive another decade or two that I grasped the bone-fatiguing chore of running such a business. Theiss wouldn’t endorse the premise, but he didn’t exactly refute it, either. Demand had stopped growing, he told me. There was “substantial overcapacity.” Billable hours were way down industry-wide. “I don’t think anybody who follows the profession would suggest that this is only a temporary situation,” he said. The longer Theiss spoke, the bleaker the picture became.

The recipes for breaking this intergenerational trap are clear: a nurturing environment in the early years combined with accessible and high-quality health care and education promote the capacities of young children, heighten the development of their skills as they grow older, and ultimately raise their chances of upward mobility.

The 1 percent are an important touchstone for these upper-middle-class families, who after all have also experienced significant growth in their relative standing

An era of higher inequality gives them both more resources to promote the capacities of their children, and more incentive to make these investments since their children now have all the more to gain. It is not unreasonable for these aspiring families to believe that with a little more effort they may yet cross the threshold into the top 1 percent, and they can certainly imagine that their children stand just as good a chance, if not better.

For them, an American dream based on effort, talent and just deserts still lives, and as a result they are likely to be less and less predisposed, with their considerable cultural and political influence, to support the recasting of American public policy to meet its most pressing need: the prospects of those at the bottom.

The picture in the eurozone is worse: its economy expanded by 2 percent between 2009 and 2010. It is now forecast to expand by a mere 0.4 percent between 2010 and 2013. Austerity has put the crisis-hit countries through a wringer, with huge and ongoing recessions. Rates of unemployment are more than a quarter of the labor force in Greece and Spain (see figure 2).

it did not have to be this way.1. The creditor countries, particularly Germany, could have recognized that they were enjoying incredibly low interest rates on their own public debt partly because of the crises in the vulnerable countries. They could have shared some of this windfall they enjoyed with those under pressure. 2. The needed adjustment could have been made far more symmetrical, with strong action in creditor countries to expand demand. 3. The European Central Bank could have offered two years earlier the kind of open-ended support for debt of hard-pressed countries that it made available in the summer of 2012. 4. The funds made available to cushion the crisis could have been substantially larger. 5. The emphasis could then have been more on structural reforms, such as easing labor regulations and union protections that restrain hiring and firing and raise labor costs, and less on fiscal retrenchment in the form of reduced spending. Reduced labor costs could have made these nations’ export industries more competitive and encouraged domestic hiring.