The Market Now




Marcus Licinius Crassus, the richest man in Rome, thanks to ancient stock options. (Here played by Lawrence Olivier)

Entertainment Pictures/Zuma Press

Marcus Licinius Crassus, the richest man in Rome, thanks to ancient stock options. (Here played by Lawrence Olivier)

We Have a Winner: the $142 Million Pay Package

Annual-meeting season is upon us, that time when corporations report how much they plan to pay their executives next year, and how much they paid them for the last. We seem to have a winner for last year: Charif Souki...

Read more »




Jukebox Spins

Photographer: Cooper Photo/Corbis

Jukebox makers once argued that they, too, were just spinning records and didn't need to pay royalties. That changed in 1978.

A Supreme Court Smackdown for Aereo’s Magic TV Machine

Aereo was at the Supreme Court today, arguing that what it’s doing is wholly legal, and it can keep doing it without paying any money to the folks whose programming it captures and sends over the Internet. This argument has...

Read more »

18th Century Aristocracy

Michel Barthelemy Olivier, "Thé a l'Anglaise" via Getty Images

The great aristocratic fortunes of the 21st century rival those of Louis XV. And beheading is rarer.

If Capital Grows This Fast, How Come Fortunes Disappear?

Thomas Piketty presents a theory of capital accumulation with some awfully optimistic investment assumptions. A lot of heirs believe their inherited wealth will last forever; a fair number of them end up broke.

Read more »