After dinner one recent night, family an friends were discussing their views on global warming. With clarity and wisdom beyond her 15 years, my daughter said, “Dad, I’m scared and angry
Tag Archives: economic
Poverty: The War on the War on Poverty
When Lyndon Johnson launched his War On Poverty in 1964, he gave the Office of Economic Opportunity command of ten campaigns* to rescue the nation from want.
Your Incredible Shrinking Paycheck
Before I started writing this column on why paychecks are likely to keep shrinking even if unemployment starts to inch down, I consulted Google to see if the term Marxism was trending upward. It was and has been ever since the end of December, the conclusion of a year in which workers’ share of the U.S
Lucie Blackman: Death of a Hostess
On May 4, 2000, Lucie Blackman, wearing high heels and a silver and black ensemble coordinated to match her Samsonite luggage, disembarked from a 13-hour Virgin Atlantic flight from London to Tokyo and stepped into Japan’s national nightmare.
China: The Detention of Ai Weiwei is a Worrying Sign
When people write on Chinese websites that they “love the future,” it should be a sentiment the government can get behind. After all, the authorities in Beijing have pressed their subjects to embrace the country’s bright economic prospects
China’s Rising Production Costs Are a Boon for Other Asian States
In the midst of a steaming-hot Malaysian jungle, sweat-stained factory workers bend over their looms, threading copper into bales of cable wire that gets so hot, it must snake through culverts of water before it can be touched. The factory floor is awash in tea-colored light from windows smeared with soot
Study: Optimistic Women Live Longer
It’s getting tougher these days to think of the glass as half full rather than half empty, but if you’re going to survive this economic crisis — literally — you might as well try. That’s the lesson from a large study of death rates in optimistic vs
Are Private Schools Really Better?
Harvard professor Martin Feldstein used to tell students in his introductory economics class that economists agree on 99% of the issues in the field. From the nature of monopolies to the basic laws of inflation, Feldstein asserted, economists of all political stripes are in accord on the same principles
Forestalling Foreclosure
If you think subprime lenders are the loan sharks of real estate, then loan servicers–the outfits that collect mortgage money and run the books–are the enforcers. Their job is to keep the dough coming, no matter what.
Four E.U. Nations Stoke Fears of an Immigrant Flood
Immigration has always been a contentious issue in Europe. But these days, with enduring economic turmoil further fueling concerns over rising unemployment, European nations are especially sensitive about the prospect of foreigners taking jobs away from their citizens.