OPINION

A New Yorker's Opinion: Higgs Boson Glimpsed in Manhattan

Hunt for Higgs Boson
The Higgs boson news caused cheers from me, too. Because I have been searching high and low for the Higgs right here in New York. That is, I have been searching tirelessly for that thing that gives substance to the insubstantial. And I would like to report that I have found it, too, all over the place.

A Case for Privatizing the Welfare State

The U.S. Capitol dome in Washington
Since the 1960s, the United States has spent $16 trillion on the welfare state. This unfathomable price tag is more than our entire national debt, which just recently reached $15 trillion. With social welfare expenditure at about 35 percent of GDP, the obvious question is: Are the benefits outweighing the astronomical costs we pay?
Newt Gingrich

Newt Gingrich: His 10 Most Outrageous Quotes

Newt Gingrich has said a lot of outrageous things in his time, and he is proud of it: early in his congressional career, he vowed to define his political opponents out of existence. Here are 10 of his most memorable -- and offensive -- quotes.
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Paul Allen sues Apple, Google, Yahoo, Facebook over patents

Technology Focus: Mediating the Patent Wars

The International Trade Commission this week is expected to determine if Taiwan's HTC infringed upon Apple's smartphone patents. Isn't there a more sensible way to manage the IP wars?
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Want to See Lindsay Lohan's Nude Playboy Pictures? Count One Out

The Playboy cover featuring Lohan, who starred at the age of 11 in Disney's remake of The Parent Trap, was apparently leaked days ago. But now the entire spread has been leaked, according to TMZ and people can see it online. Playboy, of course, has a major vested interest since it reportedly paid Lohan $1 million for the shoot and right to publish.
Occupy Denver protesters rally in front of the U.S. Federal Reserve bank in downtown Denver

Entrepreneurs and Investment: Past, Present … Future?

Whenever economists discuss the “big picture”— where we’ve come from, where we’re going— someone is bound to bring up Joseph Schumpeter. Schumpeter (1883-1950) was, in fact, a master of thinking about the “big picture,” most famously in his writings on economic development, entrepreneurship, and the past and future of capitalist societies.
Campbell McKellar, Founder of Loosecubes

New York Web: Loosecubes’ Founder Campbell McKellar Wants You to Work Anywhere You Want, Any Day, Any Time

The only rule at Loosecubes' office in DUMBO is you have to play nice with others. Words to that effect have been etched in Old English on a wooden placard that hangs near the doorway. Pass that lone condition and you're free to use the company's massive studio, a cavernous room with a makeshift meeting area made from a large canvas tent standing on artificial turf, pinned smack dab in the middle of all the desks.
Donald Trump

Donald Trump Has a Bridge to Sell You

With Mitt Romney's announcement on Tuesday that he will not attend a debate moderated by Donald Trump, the endeavor seems to be collapsing before it has begun -- and rightly so.
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Veena Malik Nude Cover Photo and the Story behind ISI Tattoo

Forgotten in all the fuss about the alleged nude photographs of Pakistani actress and model, Veena Malik, on the cover of FHM India’s December issue, is one rather important mark - the tattoo on her body - the one that reads ISI; ISI is the acronym for Inter-Services Intelligence, Pakistan's intelligence agency.
Andrew Cuomo

A New Yorker's Opinion: Albany Tax Plan's Debt to Occupy Wall Street

The long shadow of Occupy Wall Street fell across the New York Legislature Tuesday, when its leaders and Gov. Andrew Cuomo agreed to changes to New York State's income tax, which will cut rates for many in the middle class, while adding a new bracket for those making over $2 million a year. And we, the middle class, owe that rag-tag group of small-d democrats our gratitude.
People walk past a board displaying exchange rates in a money exchange house at Times Square in New York

A Culture of Debt

At both the individual and collective level, Americans have created and embraced a culture of debt. Spurred by our gluttony, we have developed an untenable habit of spending beyond our means, and it must be stopped or else generations to come will be saddled with debt, left unable to harness the American dream and prosper because it simply will no longer exist.
People stand next to windows, above animated sign, at Lehman Brothers headquarters in New York

Lehman Brothers Comes Back From the Dead

Over the past few days, Lehman Brothers has announced several actions one might not expect from what is arguably the most notorious bankrupt company of the last decade. It is looking to name a new board of directors and is engaging in a bidding war for another company.
U.S. Budget

The Quickest Way to Balance the U.S. Budget

Sooner or later, income taxes on upper-income groups in the United States, including the uber-rich, have to be raised to balance the federal budget, and to restore tax fairness.
Is Thrillist's Ben Lerer Silicon Alley's Original Rockstar?

New York Web: Is Thrillist’s Ben Lerer Silicon Alley’s Original Rockstar?

Rockstar entrepreneurs. That's what Internet startups are made of, and I'm sitting across from one of New York's first, Ben Lerer. Seven years ago, Lerer and his college friend Adam Rich started a men's lifestyle brand, Thrillist, born from an idea and $7 domain name. Fast-forward to today: Thrillist is reaching more than four million subscribers daily. It's an astounding number, especially for a city guide email, and Lerer, current CEO of Thrillist, looks back on the company's...
Jerry Sandusky Will Not Plea Guilty

Jerry Sandusky Interview: 'I'm Not the Monster'

Jerry Sandusky gave his first on-camera interview since being charged with molesting eight boys over the course of 15 years, with more incidents reportedly under investigation. As the man at the center of the Pennsylvania State University child sex-abuse scandal, it may not have been a wise move.
A Bank of America ATM location

Bank of America (NYSE:BAC) is the Stock That Just Won't Die

It seemed like it was only yesterday (perhaps because it actually was only three days ago, on Tuesday), when the shares of the banking giant teetered precariously above the $5 mark, a few cents off the dreaded "4 handle." Many were predicting a catastrophic sell-off. Fast-forward to today and Bank of America is trading at $5.74 per share, a jump of 13.66 percent in slightly over 60 hours.

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