In the ancient world, taxes were paid in kind: landowners paid in crops or livestock; the landless paid with their labor. Taxing trade made medieval monarchs rich and funded the early-modern state.
A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years.
I always looked up there, because I remember a time when the only things on the walls in Fenway were the Jimmy Fund sign and the retired numbers. Never in a million years did you think you'd ever be up there with those guys.
The American Jewish left gets a lot of press time. But the American Jewish right does not. And in many ways, the American Jewish right is every bit as well-organized and perhaps better funded than the American Jewish left. And they also come out with...
I have a slightly bourgeois upbringing, I guess. My parents paid for me to go to school, which is nice, but I haven't gotten a dime since then. I have no trust fund. I wish I did.
Recruiter: Funding. That's what makes your ships go up. I'll tell you something, and you guys too: No bucks, no Buck Rodgers.
The left is being funded primarily by the drug traffickers who provide this tax money and that's why the guerrillas in Colombia, unlike the guerrillas anywhere else in Latin America, have been able to survive for 40 years because they have a hard, so...
Often, investors will discover a manager after he's had a terrific run, usually when he lands on a magazine cover somewhere. Invariably, funds swell up with new investor money just before they revert to their long-term averages.
People in private equity complain that they have so much capital and so few places to invest. But you have lots of entrepreneurs trying to raise money at the low end and find that they can't get funding because of this mismatch. I think that there is...
Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no high...
I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing ...
The kind of system Kickstarter uses has been used for hundreds of years. Unlike Medici-style patronage, where the richest people in town give large amounts of money, Kickstarter's system relies on the general public for funding projects, and rewards ...
In the rest of the world, rich people will give a donation, and businessmen give to charities. But in Mexico, the execution capacity of what we call the social sector is missing. I find it much more effective to set up the actual social organisation ...
What we see today is an American economy that has boomed because of policies and developments of the 1950s and '60s: the interstate-highway system, massive funding for science and technology, a public-education system that was the envy of the world a...
In 2001, President George W. Bush was condemned for politicizing science with his decision to limit federal funding for stem-cell research; in 2009 President Obama was praised for reversing it, even though his decision was arguably just as political.
The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the ...
The argument that somehow we've got to get rid of minority scholarships so that we can have a free and fair America implies that we have a colorblind society where minorities are equal in their pursuit of funds to go to school.
I can help a lot of other people who've gone through the same thing by building a center that will help men and women who don't have the funds to take care of themselves and get the medical treatment.
Autism currently affects one in 88 children in the U.S., and its prevalence continues to rise. That's why it's important to help organizations like Autism Speaks raise awareness and funds to support families and individuals impacted by it.
For investors who do want to speculate in high-yield bonds, one alternative may be a junk bond mutual fund, which can offer investors the relative safety of diversification.
What liberals mean by 'goose-stepping' or 'ethnic cleansing' is generally something along the lines of 'eliminating taxpayer funding for the National Endowment for the Arts.' But they can't say that, or people would realize they're crazy.
