The Skills U.S. Schools Aren't Teaching, But Must
Economic growth depends on having a strong middle class open to everybody, not just college graduates. That's why high-quality vocational education is crucial. Michael R. Bloomberg and Jamie Dimon imagine a world where K-12 job training doesn't start and end with shop class.
Shorthanded Supreme Court Ducks the Big Questions
The U.S. high court is spewing out lots of little technical decisions as it waits for Antonin Scalia's vacancy to be filled, carefully avoiding a contentious four-four split. Noah Feldman explains why the justices played small ball in no fewer than half a dozen opinions on Monday.
How to Move Americans Out of Poverty
Mobility has long been a key to prosperity, but for many Americans -- especially those in the poorest communities -- it's impossible to rent a U-Haul and go where the opportunity is. But if bad public policy keeps people trapped in impoverished neighborhoods, good policy can help. The Bloomberg View editorial board has a few suggestions how.
Two Questions for Hillary Clinton About the Fed
China's Self-Defeating Clampdown on Multinationals
China recently shut down two major Apple services and denied the company the trademark for "iPhone" (which is great news for Beijing-based Xintong Tiandi Technology, which also sells "IPHONE" products). Noah Smith says it's part of a larger effort to give Chinese companies a leg up over foreign competitors -- and it's likely to backfire.
- 401(k) fees, already low, are heading lower (WSJ)
- Where did the government jobs go? (NYT Magazine)
- Deconstructing 30-year stock market returns (A Wealth of Common Sense)
(Read Barry Ritholtz's full daily news roundup.)
- Pfizer bulks itself up to break itself up
- Citigroup sheds its 'dumb money' trading headaches
- Petrobras leads the oil majors' debt pileup
(Read more from BV's sister site for fast business commentary.)
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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.