Sheldon Adelson finally begins to penetrate the national consciousness

I belatedly got around to finishing Connie Bruck’s epic and much-discussed profile of Sheldon Adelson Monday night. It is, like most of Bruck’s work, loaded with an almost-but-not-quite-numbing amount of detail. But the essential points are these: 1) Sheldon Adelson is the third richest man in the U.S. 2) These riches flow from his hotel/casinos [...]

Howcast tries to make a living in the media torso

I had nothing to do with instructional-video site Howcast making it onto TIME.com’s list of the 50 Best Websites of 2008. But I do know the company’s CEO, Jason Liebman. I met him last year when he was still working at Google, trying to sell professional videomakers on the merits of YouTube. This was at [...]

What counts as gentrification?

In response to what I wrote about gentrification not driving low-income minorities from their neighborhoods, the reader tegwar raises a very good point: What exactly do we mean by “gentrification?” He writes: I’m a touch underwhelmed on first glance. They define gentrifying neighborhoods as those which were in the bottom quintile by income in 1990 [...]

Edward Glaeser proposes the advent of the semi-profit corporation

So my column about John Mackey, Kip Tindell, and their ideas about what Mackey calls “conscious capitalism” turns out to have been moderately timely after all. Yesterday Michael Kinsley and Conor Clarke threw open the doors to a group blog that they and a few economists and journalists have been filling with posts for the [...]