David Meyer Wessel
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David Meyer Wessel
David Meyer Wessel (born February 21, 1954) is an American journalist and writer. He has shared two Pulitzer Prizes for journalism. He is director of the Hutchins Center on Fiscal & Monetary Policy at the Brookings Institution and a contributing correspondent to ''The Wall Street Journal'', where he worked for 30 years. Wessel appears frequently on National Public Radio's ''Morning Edition''. Biography Wessel is a native of New Haven, Connecticut. He is the son of Morris A. Wessel, a pediatrician, and Irmgard R. Wessel, a clinical social worker. Wessel graduated from New Haven's Richard C. Lee High School in 1971 and from Haverford College in 1975, where he majored in economics. In 2009, he was awarded an honorary doctorate in humane letters by Eureka College. Wessel began his reporting career at the Middletown, Connecticut ''Press'' in 1975 and joined the staff of the ''Hartford Courant'' in 1977. He left Hartford in 1980 to spend a year as a Knight-Bagehot Fellow in Busine ...
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Haverford College
Haverford College ( ) is a private liberal arts college in Haverford, Pennsylvania. It was founded as a men's college in 1833 by members of the Religious Society of Friends (Quakers), began accepting non-Quakers in 1849, and became coeducational in 1980. The college offers Bachelor of Arts and Bachelor of Science degrees in 31 majors across humanities, social sciences and natural sciences disciplines. It is a member of the Tri-College Consortium, which includes Bryn Mawr College, Bryn Mawr and Swarthmore College, Swarthmore colleges, as well as the Quaker Consortium, which includes those schools as well as the University of Pennsylvania. All the college's approximately 1300 students are undergraduates, and nearly all reside on campus. Social and academic life is governed by an academic honor code, honor code and influenced by Quaker philosophy. Its suburban campus has predominantly stone Quaker Colonial Revival architecture. The college's athletics teams compete as Haverford For ...
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Hartford Courant
The ''Hartford Courant'' is the largest daily newspaper in the U.S. state of Connecticut, and is considered to be the oldest continuously published newspaper in the United States. A morning newspaper serving most of the state north of New Haven and east of Waterbury, its headquarters on Broad Street in Hartford, Connecticut is a short walk from the state capitol. It reports regional news with a chain of bureaus in smaller cities and a series of local editions. It also operates ''CTNow'', a free local weekly newspaper and website. The ''Courant'' began as a weekly called the ''Connecticut Courant'' on October 29, 1764, becoming daily in 1837. In 1979, it was bought by the Times Mirror Company. In 2000, Times Mirror was acquired by the Tribune Company, which later combined the paper's management and facilities with those of a Tribune-owned Hartford television station. The ''Courant'' and other Tribune print properties were spun off to a new corporate parent, Tribune Publishing ...
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Employment Discrimination
Employment discrimination is a form of illegal discrimination in the workplace based on legally protected characteristics. In the U.S., federal anti-discrimination law prohibits discrimination by employers against employees based on age, race, gender, sex (including pregnancy, sexual orientation, and gender identity), religion, national origin, and physical or mental disability. State and local laws often protect additional characteristics such as marital status, veteran status and caregiver/familial status. Earnings differentials or occupational differentiation—where differences in pay come from differences in qualifications or responsibilities—should not be confused with employment discrimination. Discrimination can be intended and involve disparate treatment of a group or be unintended, yet create disparate impact for a group. Definition In neoclassical economics theory, labor market discrimination is defined as the different treatment of two equally qualified individu ...
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Public Service
A public service is any service intended to address specific needs pertaining to the aggregate members of a community. Public services are available to people within a government jurisdiction as provided directly through public sector agencies or via public financing to private businesses or voluntary organizations (or even as provided by family households, though terminology may differ depending on context). Other public services are undertaken on behalf of a government's residents or in the interest of its citizens. The term is associated with a social consensus (usually expressed through democratic elections) that certain services should be available to all, regardless of income, physical ability or mental acuity. Examples of such services include the fire brigade, police, air force, and paramedics (see also public service broadcasting). Even where public services are neither publicly provided nor publicly financed, they are usually subject to regulation going beyond that ...
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Pulitzer Prize For Local Investigative Specialized Reporting
The Pulitzer Prize for Investigative Reporting has been awarded since 1953, under one name or another, for a distinguished example of investigative reporting by an individual or team, presented as a single article or series in a U.S. news publication. It is administered by the Columbia University Graduate School of Journalism in New York City. From 1953 through 1963, the category was known as the Pulitzer Prize for Local Reporting, No Edition Time. From 1964 to 1984, it was known as the Pulitzer Prize for Local Investigative Specialized Reporting. The Pulitzer Committee issues an official citation explaining the reasons for the award. Pulitzer Prize for Local Reporting, No Edition Time * 1953: Edward J. Mowery of ''New York World-Telegram & Sun'', "for his reporting of the facts which brought vindication and freedom to Louis Hoffner." * 1954: Alvin McCoy of ''The Kansas City Star'', "for a series of exclusive stories which led to the resignation under fire of C. Wesley Ro ...
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Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector. CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, and other financial companies operating in the United States. Since its founding, the CFPB has used technology tools to monitor how financial entities used social media and algorithms to target consumers. The CFPB's creation was authorized by the Dodd–Frank Wall Street Reform and Consumer Protection Act, whose passage in 2010 was a legislative response to the financial crisis of 2007–08 and the subsequent Great Recession. The CFPB's status as an independent agency has been subject to many challenges in court. In June 2020, the United States Supreme Court found the single-director structure removable only with-cause unconstitutional but allowed the agency to remain ...
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Monetary Policy
Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency. Monetary policy is a modification of the supply of money, i.e. "printing" more money, or decreasing the money supply by changing interest rates or removing excess reserves. This is in contrast to fiscal policy, which relies on taxation, government spending, and government borrowing as methods for a government to manage business cycle phenomena such as recessions. Further purposes of a monetary policy are usually to contribute to the stability of gross domestic product, to achieve and maintain low unemployment, and to maintain predictable exchange rates with other currencies. Monetary ...
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Fiscal Policy
In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables developed in reaction to the Great Depression of the 1930s, when the previous laissez-faire approach to economic management became unworkable. Fiscal policy is based on the theories of the British economist John Maynard Keynes, whose Keynesian economics theorised that government changes in the levels of taxation and government spending influence aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies used by a country's government and central bank to advance its economic objectives. The combination of these policies enables these authorities to target inflation (which is considered "healthy" at the level in the range 2%–3%) and to increase employment. Additionally, it is designed to try to k ...
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Glenn Hutchins
Glenn Hutchins is an American businessman and investor. He is a private equity investor focused on the technology sector, chairman of North Island and co-founder of Silver Lake Partners. Career After studying at The Lawrenceville School and graduating in 1973, Hutchins earned an AB from Harvard College in 1977 and began his career as a credit analyst at Chemical Bank In 1984, he finished a joint JD/MBA program from Harvard Business School and Harvard Law School, which he completed simultaneously. Following his graduation, Hutchins began his career in private equity at Thomas H. Lee Partners. Hutchins left the firm in 1992 to join the Bill Clinton presidential transition team as a Senior Adviser focusing on economic policy. After two years serving as a Special Advisor on economic and healthcare policy in the Clinton Administration, Hutchins returned to private equity, this time joining The Blackstone Group in New York. Hutchins co-founded Silver Lake Partners in 1999 alongside ...
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Berlin
Berlin ( , ) is the capital and largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's most populous city, according to population within city limits. One of Germany's sixteen constituent states, Berlin is surrounded by the State of Brandenburg and contiguous with Potsdam, Brandenburg's capital. Berlin's urban area, which has a population of around 4.5 million, is the second most populous urban area in Germany after the Ruhr. The Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's third-largest metropolitan region after the Rhine-Ruhr and Rhine-Main regions. Berlin straddles the banks of the Spree, which flows into the Havel (a tributary of the Elbe) in the western borough of Spandau. Among the city's main topographical features are the many lakes in the western and southeastern boroughs formed by the Spree, Havel and Dahme, the largest of which is Lake Müggelsee. Due to its l ...
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Washington, D
Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered on Washington, D.C. * George Washington (1732–1799), the first president of the United States Washington may also refer to: Places England * Washington, Tyne and Wear, a town in the City of Sunderland metropolitan borough ** Washington Old Hall, ancestral home of the family of George Washington * Washington, West Sussex, a village and civil parish Greenland * Cape Washington, Greenland * Washington Land Philippines *New Washington, Aklan, a municipality *Washington, a barangay in Catarman, Northern Samar *Washington, a barangay in Escalante, Negros Occidental *Washington, a barangay in San Jacinto, Masbate *Washington, a barangay in Surigao City United States * Washington, Wisconsin (other) * Fort Washington (other) ...
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The Boston Globe
''The Boston Globe'' is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes, and has a total circulation of close to 300,000 print and digital subscribers. ''The Boston Globe'' is the oldest and largest daily newspaper in Boston. Founded in 1872, the paper was mainly controlled by Irish Catholic interests before being sold to Charles H. Taylor and his family. After being privately held until 1973, it was sold to ''The New York Times'' in 1993 for $1.1billion, making it one of the most expensive print purchases in U.S. history. The newspaper was purchased in 2013 by Boston Red Sox and Liverpool owner John W. Henry for $70million from The New York Times Company, having lost over 90% of its value in 20 years. The newspaper has been noted as "one of the nation's most prestigious papers." In 1967, ''The Boston Globe'' became the first major paper in the U.S. to come out against the Vietnam War. The paper's 2002 c ...
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