Economy

Bill Gates illustrates once again he isn't that bright.

"I am a devout fan of capitalism. It is the best system ever devised for making self-interest serve the wider interest. This system is responsible for many of the great advances that have improved the lives of billions—from airplanes to air-conditioning to computers. But capitalism alone can't address the needs of the very poor. This means market-driven innovation can actually widen the gap between rich and poor."

Another economic fallacy. Get an education, Bill.

American work for participation rate hits 35 year low.

In another outrageous sign of an economic bubble, Francis Bacon painting sets record, selling for $142.4 million.