Super Hamburger America

Super Hamburger America
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The “pull” of the global marketplace will only grow stronger as other economies grow richer, an outcome that will depend, in part, on keeping the U.S. market open to the goods and services of others. Conversely, because our commitment to open markets has encouraged other countries to relax their restrictions—to our products, and to those from other countries—a shift in direction on trade on our part risks ending liberalization abroad and possibly sparking a tit-for-tat process of retaliation that will harm everyone, everywhere.

Since health insurance is tied to employment, improving access to affordable healthcare and insurance would go a long way toward easing workers’ anxieties.

This article offers a number of wise policy proposals, but I think drawing a connection between healthcare and anxiety over globalization is the most insightful.

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Amnesty International may not have actually commissioned these Olympics ads, but whoever created them hit a difficult spot between clever and queasy. (via BoingBoing)
Amnesty International may not have actually commissioned these Olympics ads, but whoever created them hit a difficult spot between clever and queasy. (via BoingBoing)

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Whatever the ultimate outcome, the last Russian election marks a transition from a phase of consolidation to a period of modernization. The ceding of power by a ruler at the height of his influence is unprecedented in Russian history. The growing complexity of the economy has generated the need for predictable legal procedures, as already foreshadowed by Medvedev. The government’s operation — at least initially — with two centers of power may, in retrospect, appear to be the beginning of an evolution toward a form of checks and balances.

A Russian democracy is not foreordained, of course. But neither was the democratic evolution in the West.


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Yes, capitalism is frustratingly unstable and unequal, financial crises recur time and again, but what other system comes close to delivering the cornucopia Professor Ormerod acknowledges? The economists who got it right in the long run in the 20th century were Schumpeter and Hayek, who understood the gales of creative destruction and the chaos and unpredictability of free individuals interacting, yet realized that very chaotic freedom was the nursery of a material abundance unlike anything the world had ever seen.

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Getting really, really drunk at Thanksgiving and crying, “Why was I never good enough for you, Dad?” and then literally eating a banjo, and then saying, “Am I man enough NOW, Dad? Now that I’ve eaten my banjo— the one thing I loved, the one thing you could never understand?”: QUALIFIES YOU TO BE CHAIRMAN OF THE FEDERAL RESERVE.

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