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Billionaires in space and in Russia

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What if you were a billionaire? Perhaps you’ve played this kind of “what if” game with friends. How would you spend time and money with billions of dollars at your disposal? Based on recent announcements, it’s been interesting to see what a couple of real-life billionaires are planning to do with their big bucks. One… Continue Reading Billionaires in space and in Russia

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If you believe the latest doomsday cranks, the apocalypse arrives on December 21, 2012, a date marking the close of the ancient Mayan civilization’s “Long Count” calendar. Don’t ask me — or any reliable historian — how the Mayan calendar became a means for apocalyptic prophesies. It’s another combination of myth making, book selling, and… Continue Reading Business, the economy, the election and the apocalypse of 2012

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The economics of extending unemployment benefits

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How about more than two years of unemployment benefits? What might be the implications of extending unemployment benefits, which already has been pushed out to reach 99 weeks? Let’s first consider the current state of unemployment in the nation. As reported by the U.S. Bureau of Labor Statistics early this month, the unemployment rate declined… Continue Reading The economics of extending unemployment benefits

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What is “Occupy Wall Street” — along with other “Occupy” movements that have popped up in various spots — all about in the end? Many people seem bewildered. They ask: What does the movement want to achieve exactly? What’s the point? Occupy Wall Street claims to speak for the 99 percent that are not in… Continue Reading “Occupy Wall Street” and the morality of free enterprise

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The Six Flags Great Adventure theme park in New Jersey is home to the Kingda Ka roller coaster. According to the park’s website, the coaster ranks as tallest in the world, and fastest in North America, with riders rocketing 456 feet high — that’s 45 stories — and then plunging “vertically into a 270-degree spiral.”… Continue Reading Republican political roller coaster: Newt’s turn

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Ethical lessons courtesy of Penn State

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A great deal of ink has been spilled and megabytes used in expressing outrage over the child abuse scandal at Penn State University. And justifiably so. Young boys apparently were victims of a sexual predator, who was a Penn State assistant football coach, and even when such atrocities came to the attention of various key… Continue Reading Ethical lessons courtesy of Penn State

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What the European mess means for the U.S.

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The U.S. has been mired in a deep economic mess since late 2007. In fact, but for a couple of years, our economy has under-performed for more than a decade now. But if you want to feel a bit better about our situation, take a look at Europe. Greece, of course, has melted down. Italy… Continue Reading What the European mess means for the U.S.

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Entrepreneurship trends are troubling

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What’s the big deal about entrepreneurship? And why should any of us be concerned if entrepreneurship, according to at least one key measure, seems to have been on the decline over the last few years? Quite simply, entrepreneurial activity and innovation are central to economic growth, especially in the United States. Indeed, entrepreneurship and innovation… Continue Reading Entrepreneurship trends are troubling

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What if it’s Obama vs. Romney in 2012?

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It’s November, so the presidential election is a year away. We’ve got 12 months ahead of political spin, debates, posturing, commercials, charges, and policy statements. Throughout, a fundamental question will loom: Does it really matter what politicians say while campaigning? After all, some people believe politicians are going to do whatever they want once in… Continue Reading What if it’s Obama vs. Romney in 2012?

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Cain’s 9-9-9 not a such a simple deal

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Our current tax system is a messy, complicated, costly mess. It’s so convoluted and counterproductive that it could only result from decade upon decade of misguided work done by politicians. But now we have a person seeking the Republican presidential nod who, until this campaign, has not been a politician. Herman Cain has offered the… Continue Reading Cain’s 9-9-9 not a such a simple deal

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