Category Archives: Economy
Magazine Sale
Ninety-one year old stereo tycoon, Sidney Harman, bought Newsweek for one dollar. His wife is California congresswoman Jane Harman.
The Mother Of All Clean-Ups
How do you lose 200 million gallons of oil? Apparently Mother Nature cleaned it up. Maybe she’ll sell it on the spot market.
Voltwagon
Fredrich Hayek’s 1944 classic Road to Serfdom has become a best seller again. He said that governments tend to plan production for political, rather than market, purposes. Government owned GM’s new Volt costs $41,000, runs on a battery, and gets 40 miles per charge.
Border Sam
Here’s a Washington Post story about border paradoxes. One of the unintended consequences of tighter border control in California and Texas is more illegal crossings in Arizona. Another is the idea that with more border security, illegal workers already here stay here.
