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But the worst effects were on our human capital, our most precious resource. Absurdly generous compensation in the financial sector induced some of our best minds to go into banking. Who knows how many Borlaugs there might have been among those enticed by the riches of Wall Street and the City of London? If [...]
Archive for October, 2009
Stiglitz on the Borlaugs in finance
Posted in Uncategorized on October 14, 2009 | Leave a Comment »
Chomsky twice
Posted in Uncategorized on October 14, 2009 | Leave a Comment »
I’m not familiar with the work of Noam Chomsky but I note here two things. First, he was quoted by Hugo Chávez in a recent interview with the Nation.
Greg Grandin: But how do you explain the intransigence of Roberto Micheletti, the president installed by the coup? … So why wouldn’t the de facto government want [...]
What’s winning in Afghanistan?
Posted in Uncategorized on October 10, 2009 | Leave a Comment »
Stanley McChrystal profile in the FT (here). It used to puzzle me how right-wing pundits would shut down a discussion about the wars in Iraq and Afghanistan by asking their anti-war interlocutors if they wanted to win, if they wanted America to win. How would I answer this question? What does victory mean in these [...]
Obama’s Nobel: Great Suggestion
Posted in Uncategorized on October 9, 2009 | Leave a Comment »
Robert Reich (here):
I’d rather Obama had won it after Congress agreed to substantial cuts in greenhouse gases comparable to what Europe is proposing, after he brought Palestinians and Israelis together to accept a two-state solution, after he got the United States out of Afghanistan and reduced the nuclear arm’s threat between Pakistan and India, or [...]
Good news from CBO
Posted in Uncategorized on October 8, 2009 | Leave a Comment »
CBO has a reputation for being very conservative in their estimations. So this is especially good news.
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The Obama administration has done little to disguise its delight at the approval of the Senate finance draft on Wednesday night by the independent Congressional Budget Office, which put the bill’s costs at $829bn over 10 years, [...]
Rio 2016 and Chicago
Posted in Uncategorized on October 2, 2009 | Leave a Comment »
Though I’m happy that Brazil won the bid for the Olympics in 2016, I can’t help but think about the repercussions of Chicago’s loss in the U.S. once Obama returns. Jon Stewart showed yesterday clips of news people asking how many things a president should have on his mind, whether it was a good idea [...]
