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Tag Archives: Corruption
Venezuela’s Currency Manipulations Are Destroying Their Economy
Pretty. Worthless. From the WSJ: Currency Chaos in Venezuela Portends Write-Downs The Gentleman Economist once visited Venezuela, enjoying Caracas, Merida, Angel Falls, a quiet Andean village and a jungle adventure involving riverside hammocks and three days in handmade dugout canoes. Being an … Continue reading
If the Catholic Church Did Not Exist, We Would Not Invent It
From a house of worship, a house to worship (Matt Rainey for the NYT) From the NYT: A Church So Poor It Has to Close Schools, Yet So Rich It Can Build a Palace The archbishop of Newark, New Jersey, John … Continue reading
Posted in Corruption, Culture Matters, We're Waiting For You
Tagged Catholic Church, Corruption
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Lots Of Follow Up Items
Follow up to The Boy Scouts’ Brewing Public Relations Disaster From the NYT: Boy Scouts End Longtime Ban on Openly Gay Youths Gay youth can now participate in the Scouts, but not gay adult leaders. They still need to work … Continue reading
Posted in Coordination Failure, Corruption, Geography, Technology
Tagged A Theory of Justice, Boy Scouts, Coordination Failure, Corruption, DEA, Eagle Scout, John Rawls, Microsoft, museum, Pakistan, Windows 8
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Nefarious Dealings In Nigeria
As discussed in the Economist magazine, oil related corruption in Nigeria is enabling a few people to extract billions of dollars from the world economy. Meanwhile most Nigerians remain very poor by global standards (desperately poor by the standards of … Continue reading
Culture Matters: Pakistan’s Electric Power Problems
From the NYT: Pakistan Faces Struggle to Keep Its Lights On I think I found the problem From the article: Electricity shortages, bad for years, have reached crisis proportions. Lights go out for at least 10 hours a day in … Continue reading
The Looting of the U.S. Treasury Accelerates
From the New York Times: Federal Spigot Flows as Farmers Claim Discrimination Husbanding the U.S. Treasury used to be an honorable endeavor, but we’ve now sunk to a new low in giving away taxpayer funds to purchase votes. But there’s another … Continue reading
Posted in Corruption, Economics, Insurance
Tagged Corruption, crops, farmers, insurance, loans
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