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Zak Klemmer posted Economics for Dummies | Yesterday
FEUDALISM You have two cows. Your lord takes some of the milk. PURE SOCIALISM You have two cows. The government takes them and puts them in a barn with everyone else's cows. You have to take care of all the cows. The government gives you as much milk as you need. BUREAUCRATIC SOCIALISM You have two...
bendjaminstokson posted Kelly not taking Bank of America CEO job | 2 days ago
SAN FRANCISCO (MarketWatch) -- Bank of America's search for a new chief executive isn't over. Robert Kelly decided not to take the job and will remain CEO of Bank of New York Mellon , according to a memo obtained by MarketWatch on Monday. A frosty reception for bankers The White House hosted a...
Peculiarist posted An Effective And Cost Effective Way To Treat Prisoners | 7 days ago
I've seen one of those remarkably good suggestions that make you wonder why it wasn't done before, and what forces could possibly muster to prevent it happening in the future. This SMH article led me to this op-ed piece by Andrew Leigh. To summarise, a paragraph from the SMH: The people and...
bendjaminstokson posted Marsh on Monday: What the UAE has in common with the EU | Nov 29, 2009
LONDON (MarketWatch) -- Who will pay off today's national debt tomorrow and beyond? And how much financial solidarity will stronger nations show their weaker neighbors? These questions have been hanging wraith-like over financial markets for more than a year -- ever since the world took the...
