Some will see it as the confirmation of their worst nightmares. Others will simply argue Murdoch owns the paper and can do whatever he wants. The question remains: What will happen to the value of WSJ? What steps will Murdoch take to assuage the fear that “the next stage of the paper” will be its [...]
Archive for April, 2008
A “fair and balanced” WSJ
Posted in Uncategorized on April 21, 2008 | Leave a Comment »
The world currency
Posted in Uncategorized on April 11, 2008 | Leave a Comment »
The current world currency.
Project Syndicate – Print Commentary
In 1971, as the dollar collapsed towards the end of the post-World War II fixed exchange-rate system, US Treasury Secretary John Connally famously told his foreign counterparts that “the dollar is our currency, but your problem.”
Four types of capitalism
Posted in Uncategorized on April 9, 2008 | Leave a Comment »
These authors present a new taxonomy for the types of capitalism in place in different countries.
Project Syndicate
Oligarchic capitalism exists where power and money are highly concentrated among a few. It is the worst form of capitalism, not only because of the extreme inequality in income and wealth that such economies tolerate, but also [...]
