Written by Frank Li
People are opportunists: they will take advantage of any free stuff and they often, if not always, think they are inadequately compensated for their jobs, if they work at all. If there is an opportunity to enjoy life without work, they will eagerly seize it.
People are envious: they want the best for themselves, as well as for their families. If there is a way to make life better, even if it means hard work, they will do it.
June 17th, 2014
in Op Ed
The economic and political focus is increasingly on the inequality of income and wealth as they both rise in Europe and the US. At a conference on Inclusive Capitalism held near the end of May at London’s Guildhall, Christine Lagarde, the head of the International Monetary Fund (IMF), claimed that rising inequality posed a threat to growth and financial stability and that governments need to narrow the gaps through imposing more progressive taxes.
by Fabius Maximus, FabiusMaximus.com
Summary: In war, as in golf and baseball, the follow-through is a vital part of the swing. How will we react to the denouement to our expedition in Iraq, the civil war we helped ignite (there was no al Qaeda in Iraq until our occupation)? What lessons will we learn from this sad history? We, collectively, are deciding now.
June 16th, 2014
in Op Ed
by Steve Keen, Steve Keen's Debtwatch
Diversity -- not specialisation -- is the advantage.
When I was invited to speak at a conference in Bonn some years ago, my host insisted that I stay with him, rather than in the conference accommodation. I expected to find myself in a suburb of Bonn, but instead we drove to a tiny village with just 5,000 inhabitants 130km away.
The bonus was that this was July 4, on which date each year a local Philharmonic group put on an open-air concert on the banks of an nearby extinct volcano's caldera lake. The whole town was there for the event, and my host introduced me to a lovely old couple sitting on a park bench.
June 15th, 2014
in Op Ed
ISIS Surges in Iraq
Dorothy Parker famously reacted to the ringing of the telephone with the phrase, “What fresh Hell is this?” Occupants of the White House could be forgiven for having adopted the same practice when it comes to Iraq, to say nothing of its broader neighbourhood.