“We are entering a golden age of journalism. I do think there has been horrible frictional costs but I think when we look back at what has happened, I look at my backpack that is sitting here, and it contains more journalistic firepower than the entire newsroom that I walked into 30 to 40 years ago. It’s connected to the cloud, I can make digital recordings of everything that I do, I can check in real time if someone is telling me the truth, I have a still camera that takes video that I can upload quickly and seamlessly.” —David Carr reflects on the future of journalism.
“It is impossible to define an acceptable level of inequality. Any inequality is corrosive if those with wealth are believed to have rigged the game rather than won in honest competition. As inequality rises, the sense that we are equal as citizens weakens. In the end, democracy is sold to the highest bidder. That has happened often before in the history of republics. Peaceful protest is the right of free people. More important, it is a way to bring issues to our attention. The left does not know how to replace the market. But pro-marketeers still need to take the protests seriously. All is not well.” —Martin Wolf
“A 2008 poll of 1,400 Americans by the Cornell Survey Research Institute found that when people were asked whether they had “ever used a government social program,” 57 percent said they had not. Respondents were then asked whether they had availed themselves of any of 21 different federal policies, including Social Security, unemployment insurance, the home-mortgage-interest deduction and student loans. It turned out that 94 percent of those who had denied using programs had benefited from at least one; the average respondent had used four.” —New York Times