Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/define rich

What are we going to do now? Your choice.

define, something about American culture that – while celebrating and honoring troops in a very real way upon their homecoming – ultimately forgets them. This is not necessarily due to…

Torture legalities have to be open

…list all the means by which it could be violated. First degree murder, for example, is usually defined as “an unlawful killing with malice aforethought.” No laws that I’m aware…

A look at costs of doing nothing

…aggregate costs ofchild poverty to the U.S. economy.We had to make a number of critical assumptions about how to define and measure poverty, whatlevel of income to use as a…

Strategic interest and defining victory

…of energy sources was the big idea for defense as well as whatever he thought terrorists were, which he did not define. If the premise is only ‘half right’ for…

Speculation and Oil Prices

…the oil market in the way that they are possible in other asset markets? I’m not convinced that they are. Let us tentatively (i.e. I’m open to other definitions) define

Housing: Speculation is the Key

I have taken to calling the housing market a “bubble”. But how do I define a bubble? A bubble requires both overvaluation based on fundamentals and speculation. It is natural…