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Economics

Saving Your Children from a Harvard Education

In 1972, the economics department at Harvard denied tenure to the leftist professor Samuel Bowles. Responding to the decision in the Harvard Crimson, Bowles asserted that he had been passed…

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Mammon from heaven

The prosperity gospel in recession

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Weekly Review

An American cattleman. After much bargaining with the largest banks in the United States,Treasury Secretary Tim Geithner announced the results of the Treasury’s “stress tests,” studies that estimate how the…

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Weekly Review

Caught in the Web, 1860. The Department of Justice released four Office of Legal Counsel memos, issued in 2002 and 2005, to address CIA concerns that interrogation methods used on…

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Weekly Review

An American cattleman. The U.S. Bureau of Labor Statistics announced that 651,000 jobs were lost in February (making it the third straight month in which more than 650,000 jobs have…

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Weekly Review

President Barack Obama addressed a joint session of Congress, offering a broad outline of a massive spending plan paired with $2 trillion in spending cuts over the next decade. “Now…

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Weekly Review

The House and Senate reached agreement on a $789 billion economic-stimulus plan, which President Barack Obama is expected to sign into law despite a lack of support from Republicans.New York…

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Weekly Review

Israel bombed Hamas targets in Gaza for three days, killing at least 300 people, 50 of them civilians, and blowing up a mosque and a television station. Palestinians seeking to…

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Weekly Review

An American cattleman. President George W. Bush announced a $13.4 billion bailout for General Motors and Chrysler. The bailout, which will make use of funds authorized by Congress in October…

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