Liberty versus Equality

Equality: American Idol

“They that can give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety.” Ben Franklin is much quoted in today’s debate on the trade-off between freedom and security, as we learn about the National Security Agency’s easy access to our phone records and emails. Yet …

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The Chickens of Globalization Come Home to Roost

Mitt Romney is today the beneficiary of some desperate counsel from alarmed Republicans on how to escape the snare in which he has found himself. Democrats are charging that Mitt was still chairman and CEO of Bain Capital between 1999 and 2002, when the company was advising some of America’s …

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Casino Capitalists Playing With Fire

Comes now news from across the pond that executives at one of the world’s most respected banks, Barclays, rigged Libor. Even the venerable Bank of England is apparently being investigated. For sports fans, this is like fixing the Super Bowl or doping a horse in the Derby. But it is …

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Now Korea Is Cleaning Our Clock

“The entry into force of the U.S.-Korea trade agreement on March 15, 2012, means countless new opportunities for U.S. exporters to sell more made-in-America goods, services and agricultural products to Korean customers — and to support more good jobs here at home.” Thus did the Office of the U.S. Trade …

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As the Boomers Head for the Barn

When the April figures on unemployment were released May 4, they were more than disappointing. They were deeply disturbing. While the unemployment rate had fallen from 8.2 percent to 8.1 percent, 342,000 workers had stopped looking for work. They had just dropped out of the labor market. Only 63.6 percent …

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