Heather from Oregon sounds like a born-again woman, financially speaking. “I finally got everything paid. . . . No more credit cards, no more student loan!“ She thanks radio personality and anticredit crusader Dave Ramsey for freeing her from her bondage to consumer debt.She's not the only Ramsey fan. The tough-talking, quick-witted evangelical radio personality from Nashville has an audience of millions that includes both religious and secular listeners.
Where the money is: The Congressional Research Service reported that CEOs are paid, on average, 179 times more than rank-and-file workers—almost double the 90-to-one ratio of 1994. If the federal minimum wage had risen as much as executive pay has since 1990, it would now be $22.61 an hour, according to the Institute for Policy Studies. Instead, it increased to $5.85 on July 24, the first increase in a decade (AP).
Josh Waitzkin, the chess prodigy who was the inspiration for the film Searching for Bobby Fischer, describes his approach to learning in a new book, The Art of Learning. Waitzkin refers to his experiences, first as a child learning chess, and then as a young adult learning to become a martial arts master.“It is rarely a mysterious technique that drives us to the top,” he says, “but rather a profound mastery of what may well be a basic skill set. Depth beats breadth any day of the week, because it opens a channel for the intangible, unconscious, creative components of our hidden potential.” Waitzkin calls the process “a journey in the pursuit of excellence.”