GDP

Are We a Nation of Liars?

A few days ago, former President Barack Obama announced that “there’s no actual evidence that there was anything illegal or fraudulent taking place.” That the former president is lying is obvious: Obama cannot be unaware of the evidence, from multiple whistleblower reports, to the multistate discovery of uncounted, wrongly counted, and ballots counted multiple times, to the huge vote [...]

Lessons in Statism from the European Crisis

Europe is a mess. The ongoing economic crisis has sparked violent riots and growing turmoil, particularly in harder-hit nations like Greece, where demonstrators have taken to throwing home-made bombs at police. And the worst may be yet to come. Analysts now say there is a real chance that the Greek government will default on its [...]

Government Debt: Cure or Curse?

The U.S. Treasury announced on its website that, at year end, the national debt topped $14 trillion for the first time. This was an increase from $13 trillion on June 1, 2010, and $12 trillion at year end 2009. When the recession officially began in December 2007, U.S. debt to Gross Domestic Product was about [...]

Quantum physics and the Eucharist, a cultural milestone, and balanced budgets

The Jesuit CEO of UCA News says that the Catholic understanding of transbustantiation is no longer tenable in our "post-Newtonian world of quantum physics." Physicist Stephen Barr begs to differ: [O]ne can explain the doctrine of transubstantiation and distinguish it from other beliefs about the Eucharist without any use of the Aristotelian apparatus. I don’t [...]

I Am Woman

  "So what do you do?" I'm asked over drinks at a recent party.   I mentally flip through a list of possible responses. I hesitate, considering my interrogator. I think I remember someone mentioning he works as a neurosurgeon.   He performs brain surgery. I wipe little bottoms.   So here's my quandary: Do [...]

Too Big to Fail

On a recent overseas trip, I read most of Andrew Sorkin's Too Big to Fail. Despite its length, the book is a page-turner and is worth reading to understand the background of the financial crisis. The more I read, the more it became clear to me that the crisis was not just about bad banking and [...]

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