The entrepreneur behind the peanut butter cup once worked at Hershey's. In his own basement, he discovered the power of turning failure into opportunity.

If a 5-percent levy chases billionaires out of Cali, the long-term income tax gap (not to mention litigation costs) will swallow any wealth-tax windfall.

The recent scandal at Cambridge revealed how invested the academy is in pushing an ideology — even punishing dissenters who insist on telling the truth.