I strongly recommend reading this: ‘How unlimited interest rates destroyed the economy“, Thomas Geoghegan, Harper’s Magazine, April 2009. It is subscription only. Here is a brief excerpt. The article is worth the price of picking up a copy at your local store. Amidst all the writings about the financial crisis — both nonsense and expert insights — …
“How unlimited interest rates destroyed the economy” Read More »
Lewis Lapham draws a portrait of the America press, showing why it provides so little assistance in our attempts at self-government. He does not tell us if this results from defects in the institution — or in us, their customers. As usual with his monthly articles, it is both entertaining and provides a valuable perspective …
Why is the Constitution — that is, the political regime based on this document — dying? It has not changed. Perhaps we have changed. For a perspective on this, read this letter to Harper’s Magazine by Fred Nollan, August 2008 — Subscribers only (Harper’s is well-worth the cost of subscribing): In his June Notebook, “Democracy and …
Americans, now a subservient people (listen to the Founders sigh in disappointment) Read More »
