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Direct government influence is not out of the question in modern Italy, either. In June, Berlusconi urged companies not to buy space in publications "that sing the songs of dissatisfaction and catastrophe" - a reference to newspapers covering the salacious allegations surrounding the Prime Minister's personal life. "Would this be accepted in any other corner of the world?" asks Levi. "The Prime Minister telling companies where to place their...
...great recession hasn't been great for free trade. As unemployment has risen throughout the world, governments have become more focused on protecting their own industries than on promoting international commerce. The U.S., typically an enthusiastic supporter of open markets, included "buy American" clauses in its stimulus package and propped up its flailing auto industry with handouts. Although a meeting of ministers in New Delhi in early September promised to restart long-stalled World Trade Organization negotiations aimed at reaching a global consensus on freer trade, wide differences remain between developed and developing nations that make a final deal difficult...
...Army's new mental-toughness initiative, set to kick off in October, is to be successful, it needs buy-in from the people it plans to train. It can be a tough sell. At Marine Corps Base Camp Lejeune, in N.C., Adam Credle, who teaches military, law enforcement and Coast Guard personnel how to drive boats equipped with machine guns really fast, has encouraged his students to try out the meditative techniques. So far, he's been rebuffed, though he continues to try to persuade them to give the discipline's central exercise a chance. The mental focusing technique...
...Still, one would think that the mere infusion of $88 billion into the economy in six months - that's how much the government has spent so far - would buy Obama some goodwill; certainly many local and state politicians, including some who originally opposed the stimulus, have been quick to claim credit for stabilizing their economies with the federal largesse. Except, as it turns out, the very thing that makes the stimulus help the economy in the short term is a political loser: the program is giving most of its money to the poor. Of that $88 billion, the majority...
...fast. "Recovery money aimed at low- and moderate-income households has a dual benefit," says Chad Stone, chief economist at the left-leaning Center on Budget and Policy Priorities. "Besides relieving hardship, it gets spent quickly, stimulating economic activity that would not otherwise take place." (See 10 things to buy during the recession...