Personal Finance and Fraud

The 1920s are known as the “roaring twenties.” One reason for this is that the stock market was booming and it seemed like money was there for the taking. A man named Charles Ponzi certainly thought so:

Forced Child Labor in Uzbekistan

After the fall of the Soviet Union, a new economic world opened for dozens of countries in Eastern Europe. No longer under the control of a domineering communist regime, individual nations and economies entered directly into world

Understanding the Harsh Realities of Child Slavery in Africa

We all know poverty wreaks havoc on families, but rarely do we see the corrosive effects extreme poverty has on even the strongest of bonds, such as those between parents and children.

Jake Roble was an intern for

But It Was Guaranteed!

I was recently speaking with someone who was defrauded in an investment. This person had a fairly successful career in corporate finance before he retired so I questioned him closely on how he came to be defrauded.

Employee Ownership and the John Lewis Partnership

In a world where much economic wealth revolves around the 1% and where many managers are wondering how to encourage employees to show more “ownership,” the UK-based retailer John Lewis has a novel solution: make employees owners.

The

Interest Rates and Personal Investing

Investments occur over time, and therefore the time element of interest rate “compounding” is extremely important. By compounding we mean interest that is paid on interest, which been reinvested; in other words, “interest on interest.” If this

To Break the Chains of Poverty, We Must Take Mentoring Seriously

Poverty is present all over the world. The United States is not immune to poverty — more than one in 10 Americans have an income below the poverty level. Although there is no consensus as to the

Read the Small Print

Following an earlier column on consumer debt, I had the opportunity to discuss the subject with a number of people. One of the questions I was asked was particularly enlightening: “In addition to scaling back spending, what

Birthing Centers in the Philippines: Saving One Mother at a Time

According to a 2015 World Health Organization report, a mother dies from pregnancy-related complications every 104 seconds. Each time a mother dies, her baby — and even some of her other children — often die as well.

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Is College Worth It?

Attending college has become increasingly politicized. As a result, discussing the relative costs and benefits of college has become somewhat contentious. This is unfortunate because for many people paying for college will be their second largest purchase,

Davos: An insider’s view

Dr. Theodore Roosevelt Malloch’s biography, “Davos, Aspen and Yale,” tells part of the story that unfolds each year at this time in a town high in the Swiss Alps. But who is Ted Malloch? We are talking

Electric cars and the hydrogen economy

Whether the concern is polluted air, greenhouse emissions or dependency on a finite supply of resources, businesses and governments worldwide have begun the search for cleaner, more abundant fuels. In particular, lives are affected by pollution on