Leisure is the new productivity

While working on “The Last Supper,” Leonardo da Vinci regularly took off from painting for several hours at a time and seemed to be daydreaming aimlessly. Urged by his patron,…

How LBJ wrecked his presidency

We have seen this in recent times, such as with President George W. Bush’s decision to invade Iraq. But the classic example was Lyndon Johnson’s experience with Vietnam. Fifty years…

Big banks face big hurdles

And just last week, Citi said that it was cutting the bonuses of some of its traders. So it will be very interesting to see if BofA, Goldman and JPMorgan…