Author Archives: Darren Marchal

Economic Freedom Does Not Necessarily Lead to Greater Tolerance

Differences in race, religion and sexual orientation have erupted in violence around the world recently, making it all too clear that tolerance is an ideal that our societies haven’t fully achieved. What isn’t well known is that economists have been studying tolerance and its preconditions for many years, discovering some fascinating yet also unsettling truths….

Houthi official says Yemen presidential statement acceptable

(Reuters) – A senior official of Yemen’s Houthi movement said on Thursday that a statement by President Abd-Rabbu Mansour Hadi aimed at defusing a political crisis was acceptable because it confirmed the terms of a power-sharing agreement signed in September. Witnesses said Houthi fighters remained in position outside the presidential palace and Hadi’s private residence,…

Palantir CEO Alex Karp To Become A Billionaire As Data-Mining Com

In the past, Alexander Karp, the CEO of data analytics firm Palantir, has called wealth “culturally corrosive.” A former money manager for high-net-worth individuals, the cofounder of the CIA-backed data analytics firm has maintained that personal riches were of little importance to him, despite associating with some of the world’s wealthiest to raise funds for…

EU-US TTIP trade talks hit investor protection snag

EU-US talks aimed at clinching a comprehensive free trade deal have run up against “huge scepticism” in Europe, the European Commission says. The Commission has published the results of a public consultation on investor protection – one of the most contentious areas under discussion. There were many objections to the idea of using independent tribunals…

Silicon Valley Turns Its Eye to Education

The education technology business is chock-full of fledgling companies whose innovative ideas have not yet proved effective — or profitable. But that is not slowing investors, who are pouring money into ventures as diverse as free classroom-management apps for teachers and foreign language lessons for adult learners. Venture and equity financing for ed tech companies…

Millions of homeowners could refinance and save big

Millions of homeowners could save big money — and possibly their homes — by refinancing to today’s historically low rates. But most don’t even apply. Nearly one in five homeowners who are behind on their mortgage payments have loans with interest rates of 8% and higher — nearly double today’s rates of around 4%, according…

Rieder: Clooney emerges as hero in Sony mess

In a Hollywood saga that has a severe shortage of heroes, George Clooney has covered himself with distinction. While theater owners and then Sony Pictures Entertainment cravenly buckled to terrorist threats and some news outlets reveled in the gossipy e-mails made public by the Sony hackers, the superstar actor tried valiantly to rally Hollywood to…