Journalists and Economics 101
Is deficit spending “a potent recession cure when administered properly”? A newspaper business writer made this assertion in an article entitled “The Budget Deficit Faced by Many States.” But is it true, that it’s a good thing when...Alex Haley’s “Roots”: Fact or Fiction?
“Roots” was the only book I knew my teenage son to read, aside from assigned school books, computer manuals and chess books. He was thrilled to receive a copy autographed by Alex Haley, courtesy of George Haley, his brother, whom I had met. Alex Haley...More Investing Lessons from Enron
When shares of Enron plunged from $84 earlier this year to practically zero, thousands of the company’s employees lost not just their jobs but also most of the value of their 401(k) retirement accounts. For the average employee, Enron stock represented...Enron Ethics
Over the coming weeks, eight congressional subcommittees will hold at least 10 hearings on the collapse of Enron. Rarely has there been such a profligate and irresponsible distortion of congressional priorities during a time of national crisis. Even in peacetime,...Fidel Castro: The Charmer and the Torturer
A gaggle of gullible women from Seattle flew to Havana last week to meet with Cuban dictator Fidel Castro. They found him “charming” and “eloquent.” They were especially flattered that Castro — the head of one of the world’s most...Losing Ground: American Social Policy, 1950-1980 by Charles Murray
Murray’s book shows how the rise of the welfare state over the past few decades has impoverished the lives of the very people it purports to help.
AOL Antitrust Suit Against Microsoft
Instead of straightening out its business problems, AOL has decided to spend its time and effort filing lawsuits against tough competitors – a petty, distracting pursuit that won’t help AOL or, for that matter, the U.S. economy, which depends on firms like Microsoft for the innovation necessary to bring about a technology revival.
