Suddenly Starting a Business Has Become Really Cheap

The first time Tony Conrad built a company, in 2005, he raised $3.5 million to create a “contextually relevant content engine” that would serve up content on websites in the way that Google serves up ads.  After three years of hard work, the investment proved worthwhile when Conrad sold Sphere to AOL for $35 million. […]

Ron Paul vs. the Fed — It’s All Part of the Republican Strategy

(MoneyWatch)  Yesterday was Christmas in Washington, at least for Ron Paul, who will become chairman of the House subcommittee that overseas the Federal Reserve. For Paul, the chairmanship is a pulpit for his crusade against the Fed. For his party, it’s a tell about their strategy for the next two years. As political theater, giving Paul oversight of the […]

Why China’s Students Excel and the U.S. Lags Far Behind

(MoneyWatch)  The natural reaction to China’s sudden and stunning emergence as the curve-setting leader in global education is to assume that the region’s scores were achieved through highly regimented drive through rote learning. In a country still dominated by its military and ruled by a closed party, that would seem logical. Naturally, that also fits all of our […]