Tagged: free market capitalism
The easy default reactions of an American who encounters unspeakable poverty and squalor when visiting a country like the Philippines are pity, scorn, and outrage. How monstrous, it seems, to call places like these “developing countries” when the extent of their development is obvious: great bastions of wealth and property concentrated in the hands of...
Our friend Tierney Sutton’s latest album, “I’m With the Band,” has been nominated for a Grammy award in the category of vocal jazz. Although she probably won’t win, simply being recognized by the recording industry has been (and will continue for some time to be) a boon to her career. It’s effective shorthand: Grammy nomination...
Setting aside the fact that the Stock Market’s valuations often have no connection to anything resembling reality; and notwithstanding the fact that interest rates paid on cash deposits barely cover the cost of driving to the bank to make them; and forgetting for a moment that the southern Californian real estate market may or may...
Tabloid favorite Heidi Fleiss, a young woman whose two best talents appear to be self-promotion and the marketing of nubile flesh, recently announced via the winking and blushing media, including the credulous Los Angels Times, that her latest venture in pimping would be in Nevada, where prostitution is legal in several clear-thinking counties. This time,...
The chief goal of almost all elected officials, clergymen, CEOs, talent agents, executive vice-presidents, district managers, assistant managers, and onward down the chain of command, is to lord power over others. One can detect a quasi-sexual glee in the ministrations and machinations of those who can affect the lives of others. To the power-holder, the...
Have another dry-aged steak cooked medium-rare, sir. And more creamed spinach? They go nicely with your claret, that ruby nectar that inspires Torrents of adjectives. Like “plummy.” And “herbaceous.” Never mind, sir, that your belly is full. It can be fuller. We ask only that as you shovel chewy morsels between your teeth, Like a...
Aside from the concept of family, few pursuits are more important to Americans than education. Our politicians return to the theme as insistently as the repeating leitmotif of a pop song: We must invest in our future; we must spend more, do more, care more so that the quality of education improves — and, the...
On a recent scorching day, I was riding my bike to an appointment, feeling parched. I had an urge to drink one of those semi-frozen concoctions known on “The Simpsons” as a “squishy.” I’ve heard them called “slurpees” and “icees,” and I recall my notoriously strict anti-sugar parents allowing my brother and I to have...
Since there’s probably a good novel or two in this subject, I can’t divulge all the dirty secrets at the moment. But I can say summarily that spending close to 15 years as a professional travel writer exposed me to the weakest sense of ethics and the highest exchange rate of quid pro quo you’ll...
To most of us, today’s holiday means a long weekend, an extra day off from the office — which, for those who dislike their job, is reason enough to celebrate. The occasion is solemn enough that banks, financial markets, and government offices remain closed. Amid the backyard barbecues and furniture discount sales the essential purpose...