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New York Magazine
20 min read
Politics

Who Is Betsy DeVos? And How Did She Get to Be Head of Our Schools?

BETSY DEVOS USED to have more friends. Way back in 2016, a coalition of reputable, fair-minded education reformers—some of them Democrats—got together to vouch for her. Sure, she was inexperienced in the policy realm. Also, an outsider to Washington. Also, naïve to the demands of living under the internet’s ever-watchful eye. Still, it seemed to these surrogates that in choosing a secretary of Education, the president-elect might have done a lot worse. DeVos, a Michigan billionaire and Republican stalwart, had been pouring her energies and her fortune into education for years. Besides, she had
Newsweek
17 min read
Politics

Golf and Television Won't Make America Great Again

The week that began on August 8, 2011, found President Barack Obama in the midst of what The New York Times would call “the most dismal stretch of his presidency.” Days before, Congress had finally managed to strike a deal on raising the debt ceiling, thus averting a disastrous default on the national debt. But the process had been long and hideous, like an ugly domestic argument waged in front of the neighbors. On the 5th, a Friday, Standard & Poor’s had handed the United States its first ever credit-rating downgrade, citing a lack of “predictability of American policymaking and political i
New York Magazine
21 min read
Politics

Donald Trump Is Not Invited to the Wedding

IT WAS JOE SCARBOROUGH’s 53rd birthday, April 9, 2016, and his youngest child, an 8-year-old boy named Jack, was trying to tell him something. “Dad, look at the birthday cake,” he said. The cake was in the shape of a small mammal, resting on a bed of artificially green coconut shavings, its body frosted vanilla white and its floppy ears studded with Smarties. Fourteen candles stuck out of its back, with another stabbed into the center of its head like some kind of sugary acupuncture experiment. Scarborough’s girlfriend, Mika Brzezinski, had baked it from a boxed Duncan Hines mix and then, bein
Why Wall Street Matters
Alex P., Scribd Editor
From the Editors

Nuanced perspective…

William D. Cohan uniquely sees both sides of the stock market: As a former investment banker and respected financial journalist who has frequently criticized the excesses of Wall Street, he nonetheless believes in the necessity of the institutions for a well-functioning society. It’s a fascinating and nuanced read that does a great job of countering the current waves of contempt without implying that the finance sector should have a free pass.