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The crushing debt burden — which topped $30,000 for the average student in the late 2010s, up sharply since the turn of the millennium — has become the foundational problem

It is remarkable the way that McKinsey goes from train wreck to train wreck yet manages to depict itself as some sort of Corporate America Zelig: ever on the scene but not doing much of anything in particular. This is despite the fact (for instance) that McKinsey was singularly responsible for the biggest value destroying deal of all time, save maybe Bayer’s purchase of Monsanto, which was the Time Warner acquisition of AOL. McKinsey pitched AOL to the Time Warner board five times and the board had the spine to reject it only four times. Or how about the Enron bankruptcy? McKinsey was all o...

Trump supporters seem to think that unity should come on their terms. They criticize most attempts to put the country back on an even keel by labeling such efforts as Democrats seeking revenge. Unity isn’t handed out for free, it’s a process of...

comments In the weeks after Donald Trump sent a violent mob to rampage the U.S.  Capitol on January 6, a lot of focus has risen on the role played by QAnon and other lurid conspiracy theories in radicalizing Republicans. Unfortunately, a lot of that discourse has centered around the idea that QAnon and similar conspiracy theories are the result of poor education or economic stress. Blame it on years of misleading media coverage misattributing the rise of Trumpism on "economic anxiety." Sadly, even Democratic leadership has slipped up and drawn a false equation between educational privil...

Who were the Capitol rioters? Today's best articles Daily business briefing Solving COVID newsletter President Trump "was annoyed by the violent siege on the Capitol Wednesday — which left several dead — because it looked 'low class,'" reported New York magazine's Olivia Nuzzi last week, citing an unnamed Trump adviser. Was he right? Trawling for class analyses of the rioters this past week, I've found nearly every possible variation: They were underclass. They were middle class. They were upper middle class. They were unemployed. They were small business owners. They were the decei...