- The New York Times reports on the sad state of North Korea. Completely heart-breaking.
- Scholars from the Cato Institute examine why the Great Depression of 1946 never happened.
- Daniel Hamermesh on the cleansing effect of recessions.
- This Washington Post story explains how the nominally communist Chinese are helping to break up unions in Greece. How the world has changed.
- Apple creates innovative products that many people love. Naturally US regulators have announced plans to investigate them.
- Wendy Milling argues that capitalism is perfect. Certainly beats the alternatives.
1 comment:
concerning the cato article about 1946:
let's not forget two other major factors that they failed to mention: (1) the United States was the only industrial nation left without severe damage (2) the Bretton Woods Agreement, that made the dollar the international reserve currency.
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