One might have thought that a traditional print newspaper like the Financial Times would be getting a little less arrogant as it slides toward economic extinction, but if anything, the opposite is the case, as I have experienced in the last few weeks.
That an issue of this importance is being virtually ignored by our press is mind-boggling to say the least, and one has to wonder what nefarious influences the oil industry and its moneyed interests are able to bring to bear.
Clearly there is a correlation between Middle East tensions and high oil prices. Are we seeing a replay of Russian policies that solidified Iranian intransigence on matters nuclear, thereby exacerbating those tensions to bring about significantly higher oil prices?
Dedicating 40 percent of a school's score to purely financial considerations seems to make a mockery of the fact that many students pursue an MBA as an avenue to higher education. Some even use that education to try and make the world a better place.
This torrent of money flowing into OPEC, especially into the Persian Gulf States, raises the question how this massive windfall is being put to use other than providing fresh capital for the world's largest sovereign wealth funds, as those of Saudi Arabia, United Arab Emirates and Kuwait.
Recognition by corporations of their fair tax contribution could go a long way toward shoring up the social fabric, political climate and the financial health of our country, all currently sorely frayed.
The U.S. benchmark for crude as traded on the New York Mercantile Exchange is West Texas Intermediate crude in Cushing, Okla. Its price has been hovering near $90/barrel these past weeks -- in spite of the fact that storage capacity at or near Cushing is filled to overflowing.
The First Amendment guarantees our right to embrace any religion we choose, no matter how peculiar. It also protects our right to talk about it along with almost anything else (truthfulness is optional).
What do those people do every day in hundreds of embassies and consulates, when they do not host visiting dignitaries or participate in high-stakes negotiations? On a human level, how does the Foreign Service lifestyle affect its members and their families?
Relationships become contractual and riven by informational asymmetries. And callous self-interest is freed from the restraints of what should be a fiduciary or -- this is the heart of Kay's vision -- a sense of stewardship. What's lost? Any sense of the longer-term.
Today, Federal Reserve Chairman Ben Bernanke will be testifying before a House Financial Services Committee. Would it not be timely if he were asked about the role the Fed plays in facilitating the bank holding companies to hold sway in the oil market?
Writer Christopher Caldwell ridicules the British government for mentioning the "ban on same-sex couples having a civil marriage," claiming "there is no 'ban' on gays marrying, any more than there is a ban on men breastfeeding."
Henry Kaufman, Dr. Gloom from a distant age when Salomon Brothers was still King of Wall Street, penned an op-ed in the Wall Street Journa declaring that, sooner or later, the era of monstrous, too-big-to-fail banks will end.
In the Financial Times, Stein Ringen, a professor of sociology at Oxford, takes a lash to forecasting-happy economists, this time over the eurozone. The column provides a lesson in how difficult it is to resist the allure of prediction and the appeal of the simple dichotomy.