Monthly Archives: May 2011

Archive of posts published in the specified Month

Is This Cycle Different?

For over a year economists I respect claimed this economy has hit bottom and is slowly recovering.  Yet long after the bottom is in we see unemployment anemic and even increasing.  While a recovery in employment does lag the economic…

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A Broadened Concept of Wealth

If the concept of wealth is properly expanded to include human capital, not just homes and stocks, it is clear that total wealth has become far less concentrated and more widely dispersed than it used to be. Percentages of narrowly…

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Inspiring Resolve

After the incredible raid on Enetebbe by the Israeli military in 1976 (if you do not know about this raid, you owe it to yourself to read about it here), others were emboldened to take bold action against such terrorists,…

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What if the Mission Failed?

President Obama made a presidential decision, both to remain focused on the pursuit of Bin Laden and on the crucial decision to bend the rules to send Special Forces in on the ground and kill him.  He deserves credit for…

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The Giant Weight on China’s Economy

Nicholas Kristof writes in the New York Times April 27, 2011 Great Leap Backward Excerpt: Ms. Cheng was arrested on what was supposed to have been her wedding day last fall for sending a single sarcastic Twitter message that included…

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A Moral Tyranny

Though there are no doubt many people who honestly believe that if they were allowed to handle the job they would be able to settle all those problems justly and impartially, and who would be genuinely surprised to find suspicion…

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100% of Nothing is Less than Nothing

George Will writes in The Washington Post– April 29, 2011 Working Up a Tax Storm excerpts Storm, 42, is founder and chief executive of FatWallet.com. The company, until recently one of about 9,000 Illinois “affiliates” of Amazon.com, directs online shoppers…

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