ANTI-GROWTH The Obama budget envisions an explosion of economic growth as the country recovers from the current recession - more than 4 percent a year from 2011 through 2013. This will supposedly be sufficient to halve the $1.75 trillion deficit it projects for 2009. But there is something off here," John Steele Gordon writes at www.commentarymagazine.com.
However, in An Empire of Wealth, John Steele Gordon provides a fascinating exposition of the pivotal role that economic freedom and entrepreneurship have played in America's growth from a small appendage of England to the greatest economic and social power in all of modern history. Drawing on his comprehensive knowledge of military history, Victor Davis Hanson's Carnage and Culture illustrates why the Western world has always bested other cultures and nations on the battlefield.
All of a sudden, this election is shaping up as a verdict on capitalism. The Obama campaign wanted it to be about George W. Bush. The McCain campaign wanted it to be about character. But instead, because the markets are shooting off in all directions like bullets from a dropped pistol, the stakes have suddenly been raised dramatically. We are in the midst of the worst panic in history, it's true (because it is global). But as historian John Steele Gordon helpfully pointed on in the Wall Street Journal, panics are not unusual in American history. We've experienced them almost every 20 years since 1819. Gordon blames Thomas Jefferson, which is intriguing, but the point is that we've always emerged from these periodic paroxysms intact and our economy has continued to grow. Gordon believes ...
In 1931, as the historian John Steele Gordon wrote in a Wall Street Journal op-ed, two white women in Alabama falsely accused nine black men of rape. "Because the circumstances of the women's story-black men attacking and raping white women-fit the prevailing racial paradigm of the local white population, guilt was assumed and the governor was forced to call out the National Guard to prevent a lynch mob from hanging the men on the spot" In due course the men, known as the Scottsboro boys, were vindicated, but only after all were convicted and some spent years in prison.
Typically, the only qualification for investing in a mutual fund is having the minimum initial investment to open an account with a mutual fund company, which is usually about $1000 plus an investor fee of around two percent.12 The low initial investment requirements make mutual funds more attractive to most individual investors. Because mutual funds are more attractive to individual investors, as opposed to institutional investors, it makes sense that the SEC wants to strictly regulate the mutual fund industry.
... operated as a hedge fund.201 In what John Steele Gordon coined "the Madoff of his day," disc...
TRIWAY DISTRICT -- Sixth-grade awards were distributed on May 31 at Shreve Elementary School. Outstanding Musical Achievement -- Band: Kenneth Beaverson, Madeline Bowers, Cameron Boyer, Kody Butterbaugh, David Connor, Luisa Elampooranar, Ashton Franks, Todd Gordon, Madelyn Gumber, Emily Hart, Brooke Hayhurst, Jason Herman, Krystalyn Martin, Cody Moses, Darin Phelps, Dylan Prost, Maria Ritchey, Collin Sigler, Elise Steele, Allyson Stephenson, John Wengerd, Lilly Wengerd, Maggie Wilson; choir: Kenny Beaverson, Cameron Boyer, Curtis Burgan, Johnathan Gillispie, Todd Gordon, Ricky Hurt, Dylan Prost, Elise Steele, Maggie Wilson, Brittney Woodruff, Tori Anderson, Luisa Elampooranar, Maddie Gumber, Krystalyn Martin, Haley Rhoads, Rachael Muhlenkamp, Kaylin Weaver, Lilly Wengerd, Sara Miller, N...
'MEASURE OF THE EARTH' Author Talks here next week Larrie D. Ferreiro, author of a new book about - as its subtitle says - the Enlightenment expedition that reshaped the world - will discuss his book and the story behind it in Newport News next week.
...In The Wall Street Journal, historian John Steele Gordon reviews "Railroaded," Richard White'...
About religious freedom... Re: (?Deliver us from evil," , Feb. 11, by retired Air Force Col. Dana Duthie).
... predicted by anyone who read an essay by John Steele Gordon in the Wall Street Journal on May 21...
... aside the example of Lehman Brothers--which John Taylor and David Skeel view as overstated (127)--t... expanded and developed by Jeffrey Gordon and Christopher Muller, (147) and by Arthur Wilmar...701, 714, 722-24 (1999); see also JOHN STEELE GORDON, AN EMPIRE OF WEALTH: THE EPIC HISTORY OF A...
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