John Edward teaches economics at Bentley and UMass Lowell. He’s a frequent contributor of columns on economic issues. Here is his latest: America is the land of opportunity, isn’t it? Free-market capitalism, I thought, is the prevailing economic regime. Economics is the science of incentives. Profit is the ultimate incentive.…
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The Greater Lowell Community Foundation has just published the lastest “Notes” from Executive Director Susan Winship. One announcement of great interest lists the 2014 grant awardees: GLCF Awards $94,500 to Local Nonprofits The Greater Lowell Community Foundation is pleased to announce that 20 organizations received funds totaling $94,500 for the…
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For the downtown narrative: Rosemary and I last evening ate supper at the Viet-Thai Restaurant across from City Hall. At 6.30-7 pm, there were 30 people in the place. We had cashew chicken and shrimp pad thai with spring rolls to start. Everything very good and modestly priced (appetizer: $3).…
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The newly established Sacred Heart Neighborhood Reunion group headed by Matt McCafferty is teaming up with UMass Lowell to establish an endowed scholarship at the University. Matt and Chancellor Marty Meehan grew-up in the Sacred Heart neighborhood so this seems a natural alliance with UMass Lowell. A fundraising event is…
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This Week: Back to school; two way traffic downtown; Candidate debate for 18th Middlesex District Back to School This Tuesday morning the rhythm of the city will change dramatically as public school students head to classes for their first day. Getting everywhere will take longer with school employees and chauffeuring…
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This past Tuesday, the KhmerPost USA, the city’s Cambodian language newspaper, hosted a debate of the five Democratic candidates (Brian Donovan, Jim Leary, Rady Mom, Dave Ouellette and Paul Ratha Yem). It was televised live on Lowell Cable TV and is now available on the LTC website. I’ve watched a…
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The following real estate sales took place in Lowell last week: August 18, 2014 – Monday 42 Clare St for $95,000. Prior sale in 2007 for $149,000 10 Kearney Sq Unit 401 for $190,000. Prior sale in 2005 for $246,400 211 Pawtucket St for $115,000. City of Lowell to UMass…
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Yesterday, Saturday, Rosemary and I did a Merrimack Valley “stay-cation” excursion with an excellent lunch at Salvatore’s Italian restaurant on the riverside in Lawrence (Romana & Caprese salads, chicken croccante with teriyaki sriracha glaze, and green pepper & onion pizza, with fresh sangria to drink) and then a free self-guided…
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The Demoulas drama coming at all of us who are watching, either live in Merrimack Valley or via media, is triggering a million memories of our encounters with the family and its business. I’m pretty sure it was in the mid-1980s when Fotene Demoulas invited a group of creative people…
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