Current Events

Japan wins World Cup

For the first 30 minutes of yesterday’s World Cup finale, the American team unleashed an offensive blitzkrieg that left the announcers speculating about it being a “statement game” by the US – except they didn’t score any goals. After the initial half hour flurry, the teams settled down into a…

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UK Newspaper Scandal

Today’s New York Times article on the ever-expanding scandal that has engulfed Rupert Murdoch’s UK newspapers , Scotland Yard and perhaps even Prime Minister David Cameron reads like a script from the old BBC police drama, Prime Suspect. Televised periodically in the US from its 1991 debut until its 2006…

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Raising the Debt Limit

I’m not an economist, but the more I try to learn about economics by reading the work of those who are, the more I realize it is a field with wildly different interpretations of the facts and prescriptions for solving the country’s problems. When I read that a failure by…

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