Britain risks heading to US levels of inequality, warns top economist

Sir Angus Deaton says UK is at risk of extreme inequality in pay, wealth and health. Rising inequality in Britain risks putting the country on the same path as the US to become one of the most unequal nations on earth, according to a Nobel-prize winning economist. Sir Angus Deaton is leading a landmark review of […]

A law cracking down on LLCs used for tax evasion and money laundering, when?

The bill would require corporations and limited liability companies to tell the Treasury who really owns them. After bouncing around Congress for over a decade, a bill to crack down on anonymous shell companies used in money laundering and tax evasion may advance this year, having attracted support from some strange bedfellows, including banks, unions, […]

2020: Trump is amassing money while Democrats are taking potshots at each other

Between Donald Trump’s steady unpopularity and manifest unfitness for office, it’s easy to lose sight of the fact that he is likely to be re-elected. At least according to most electoral models, which find the president cruising toward victory by a “not-trivial margin,” pending some sort of economic catastrophe. Predicting the future is impossible, of course, and betting […]

Facebook’s Zuckerberg Calls for Global Internet Regulations

Facebook Inc. Chief Executive Officer Mark Zuckerberg called for new global regulations governing the internet on Saturday, recommending overarching rules on hateful and violent content, election integrity, privacy and data portability. In a statement that was also published as an op-ed in the Washington Post, Zuckerberg said the company is seeking regulations that would set baselines for prohibited […]

Mueller or not, Trump is still unfit for the White House

He directed a criminal conspiracy to break campaign finance laws. He has used the presidency for personal enrichment. He has undermined democracy. He has damaged America’s global standing. He has lied repeatedly to the American people. He has obstructed justice. (Barr’s statement to the contrary is brief and unpersuasive.) When I wrote a Sunday Review piece earlier […]

30 years on, what’s next #ForTheWeb?

On the World Wide Web’s 30th birthday, our founder and web inventor Sir Tim Berners-Lee reflects on how the web has changed our world and what we must do to build a better web that serves all of humanity. Please share using #Web30 #ForTheWeb. Today, 30 years on from my original proposal for an information management system, […]

On North Korea and Iran, Intelligence Chiefs Contradict Trump

A new American intelligence assessment of global threats has concluded that North Korea is unlikely to give up its nuclear stockpiles and that Iran is not, for now, taking steps necessary to make a bomb, directly contradicting the rationale of two of President Trump’s foreign policy initiatives. Those conclusions are part of an annual “Worldwide Threat […]

India Is Launching the Largest Basic Income Experiment in History

“With the rise of global inequality, we want to ensure that we bridge the gap.” The small Indian state of Sikkim is about to launch a basic income experiment that will provide cash payments to each of its 610,000 citizens — a pilot that the Washington Post says is the largest basic income experiment in history. “In developed countries, […]

The U.S. Secretly Funded Research on UFOs, Wormholes, and Warp Drives

Documents show that the military has investigated a lot of fringe science. We already knew that the U.S. Department of Defense had secretly funded research on unidentified flying objects — yes, UFOs — thanks to 2017 reporting by the New York Times and the Washington Post. Now, new documents released by the Defense Intelligence Agency reveal that the program also studied a […]