Daily Economy
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Competition Is the Path to Financial Inclusion
Financial regulators appear to fear the creation of a few, small experimental entrants more than they fear the failure of the nation’s many, uber-risky megabanks.
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The Many Ways in Which a Nation Is Not Like a House
The nation does not belong to anyone in the same way that a home belongs to its owner.
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The Magic of Tanglewood and Its Astonishing Success
Tanglewood is a model for anyone concerned about the future of classical music to study and emulate.
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Maybe You Are an Individualist Too
Until we can reclaim the broad term of liberalism — and the assertion that society contains within itself the capacity of self-management — individualism will do just fine.
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How To Decode Investment Advisor Speak
This is my short list of things I hear way too often in the investment industry, and my honest translation into English.
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Meritocracy Is a Bad Idea
“The idea of meritocracy requires a totalitarian state if you are going to take it seriously.” ~ Stephen Davies
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Job Creation Rebounds in June
U.S. nonfarm payrolls added 224,000 jobs in June, all but guaranteeing a record-tying expansion, but uncertain leadership and policy remain significant risks.
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Social Justice and the Siege Mentality
The focus on social justice, even ahead of helping the desperate, seems to be something very deep in the human psyche. Still, our reason should be able to overcome it.
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How to Fail at Your Job
What lame employees lack is a basic economic understanding of labor, plus a work ethic. Gaining both is not just about the sweat of your brow and saving your soul. It is really about your own individual interest.
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Slow Growth Continues as Expansion Sets Record
A variety of data released today suggest continued economic expansion. Despite concerns over trade policy, escalating trade wars, and global economic growth that are creating significant uncertainty, the outlook is cautiously optimistic.
-
•
Competition Is the Path to Financial Inclusion
Financial regulators appear to fear the creation of a few, small experimental entrants more than they fear the failure of the nation’s many, uber-risky megabanks.
-
•
The Many Ways in Which a Nation Is Not Like a House
The nation does not belong to anyone in the same way that a home belongs to its owner.
-
•
The Magic of Tanglewood and Its Astonishing Success
Tanglewood is a model for anyone concerned about the future of classical music to study and emulate.
-
•
Maybe You Are an Individualist Too
Until we can reclaim the broad term of liberalism — and the assertion that society contains within itself the capacity of self-management — individualism will do just fine.
-
•
How To Decode Investment Advisor Speak
This is my short list of things I hear way too often in the investment industry, and my honest translation into English.
-
•
Meritocracy Is a Bad Idea
“The idea of meritocracy requires a totalitarian state if you are going to take it seriously.” ~ Stephen Davies
-
•
Job Creation Rebounds in June
U.S. nonfarm payrolls added 224,000 jobs in June, all but guaranteeing a record-tying expansion, but uncertain leadership and policy remain significant risks.
-
•
Social Justice and the Siege Mentality
The focus on social justice, even ahead of helping the desperate, seems to be something very deep in the human psyche. Still, our reason should be able to overcome it.
-
•
How to Fail at Your Job
What lame employees lack is a basic economic understanding of labor, plus a work ethic. Gaining both is not just about the sweat of your brow and saving your soul. It is really about your own individual interest.
-
•
Slow Growth Continues as Expansion Sets Record
A variety of data released today suggest continued economic expansion. Despite concerns over trade policy, escalating trade wars, and global economic growth that are creating significant uncertainty, the outlook is cautiously optimistic.