.
Nezus & World Report (Oct. 26,1992), in a typical media acco~~nt,
declared that the Bus11 administration "co~ltinued to provide billions of dollars ill loans to Saddam Hussein after [Iraq's] war wit11 Iran ended in 1988. Despite evidence that Iraqi agents were stealing some of the American loan nloney and using it to buy and bdd biologcal, cllemical, a11d nuclear weapons, tlle Bull administration il~creasedthe amount of the loans." Then, in August 1990, Iraq invaded Kuwait.
One...
the market. Foreman thinks the new law has got it about right. Why lose "the synergy of a working business" in a liq- uidation? Abuses, he insists, are rare. Thanks to the code, he notes, the Federated chain of department stores, Continental Airlines, and Macy's are all still in business, with employ- ees still on the job.
How CEOs Got Theirs
"CEO Pay: Why Such a Contentious Issue?" Margaret M. Blair, in Brooki~igsReview (Winter 1994), 1775Mass. Ave. N.W., Washington, D.C....
William Greider, in Tlie Washington Monthly (Dec. 1993), 1611 Conn. Ave. N.W., Washington, D.C. 20009.
The Federal Reserve Systen1's "power over the daily lives of ordinary Americans-not to inen- tion the largest enterprises of commerce and fi- nance-is at least as great as the president's or Congress's and, in most instances, more irnrne- diate," writes Greider, national affairs columnist for Rolling Stone and author of a 1987 book, Se-crets of the Temple, about the agency. The Fed's...
Kristin
F. Butcher, in Industrial and Labor Relations Review (Jan.
1994), Cornell Univ., Ithaca, N.Y. 14853-3901.
Do the "cultural traditions" of American-born blacks impede their economic progress? Promi- nent economist Thomas Sowell-pointing to the higher earnings of West Indian immigrants in the United States-has argued that they do. Butcher, an economist at Virginia Polytechnic Institute, has a different explanation.
Analyzing 1980 census data, she finds that West Indian immigrant...
Kristin
F. Butcher, in Industrial and Labor Relations Review (Jan.
1994), Cornell Univ., Ithaca, N.Y. 14853-3901.
Do the "cultural traditions" of American-born blacks impede their economic progress? Promi- nent economist Thomas Sowell-pointing to the higher earnings of West Indian immigrants in the United States-has argued that they do. Butcher, an economist at Virginia Polytechnic Institute, has a different explanation.
Analyzing 1980 census data, she finds that West Indian immigrant...
the experience of Massacl~usetts today- or even New York in 1975.
Meanwhile, the city government has "stopped trying to do well the kinds of things a city can do." These include "keeping its streets and bridges in repair, building new facilities to accommodate new needs and a shifting popula- tion, picking up the garbage, and policing the public environment." Ultimately, it is individual businesses and people that make a world-class city, and a city that does not tend to such...
Paul Sheehan, in Fortes Mediacritic (No. 2,19941, P.O.Box 762, Bedminster, N.J. 07921.
The University of Notre Dame and its football coach, Lou Holtz, took a severe pounding last year in the best-selling Under the Tarnished Dome: How Notre Dame Betrayed Its Ideals for Football Glory.The authors, journalists Don Yaeger and Douglas Looney, portrayed Holtz as a repulsive, hypocritical, mentally unstable bully, and his players as an ugly crew of violent, stupid, drug- abusing jocks. Television news...
Michael Scl~rage, with Don Peppers, Martha Rogers, and Robert D. Shapiro, in Wired (Feb. 1994), 544 Second St., San Francisco, Calif. 94119-9866.
These days, we always seem to be poised on the brink of an utterly new era in which life will be very, very different. The latest new age on the horizon, according to Schrage, a columnist for Adweek magazine, and his fellow seers, is the "Interactive Ageu-and in this brave new realm, advertising and the relationship between adver- tisers and potential...
Michael Scl~rage, with Don Peppers, Martha Rogers, and Robert D. Shapiro, in Wired (Feb. 1994), 544 Second St., San Francisco, Calif. 94119-9866.
These days, we always seem to be poised on the brink of an utterly new era in which life will be very, very different. The latest new age on the horizon, according to Schrage, a columnist for Adweek magazine, and his fellow seers, is the "Interactive Ageu-and in this brave new realm, advertising and the relationship between adver- tisers and potential...
Gallup. That suggests that total church attendance in the nation is only 20- 25 percent. Without allowing for differences be- tween reported and actual attendance in other countries (which appear to be much smaller), that puts Americans on a par, more or less, with Austrahans, Canadians, Belgians, and the Dutch. American "exceptionalism" in this case may come down to an exceptional belief that it isimportant to appear pious even if one is not.
The TWOMr. Mills
"Liberty: 'One Very S...