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As debt piles up, the old take from the young

Edmund Burke saw society as a partnership between those who are living, those who are dead, and those who are yet to be born. A failure to understand this relationship underlies a disturbing global tendency in recent decades, in which the appropriation of future wealth and resources for current consumption is increasingly disadvantaging future generations. Without a commitment to addressing ...

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Goldman’s robotic IPOs address a shrinking equity market

Goldman Sachs is embracing the machines. The firm that has long cultivated an image of relationship banking and trusted advice — in reality Goldman was always more of a trading house than rivals Morgan Stanley or boutiques like Lazard — now says it plans to hand over about half of the IPO process to computers. Goldman is trying to portray ...

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What’s wrong with letting tech run our schools

Silicon Valley tech moguls are conducting an enormous experiment on the nation’s children. We should not be so trusting that they’ll get it right. Alphabet Inc. unit Google has taken a big role in public education, offering low-cost laptops and free apps. Mark Zuckerberg of Facebook Inc. is investing heavily in educational technology, largely though the Chan Zuckerberg Initiative. Netflix ...

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