Word: centralism
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Peter Reuter, a professor of criminology and public policy at the University of Maryland, like Kleiman, is skeptical. He conceded in a presentation at the Cato Institute that "it's fair to say that decriminalization in Portugal has met its central goal. Drug use did not rise." However, he notes that Portugal is a small country and that the cyclical nature of drug epidemics - which tends to occur no matter what policies are in place - may account for the declines in heroin use and deaths...
Still, bullish investors see little downside in commodities, although returns may not come overnight. Some consider commodities a hedge against another looming threat: inflation. If loose monetary policies implemented by central banks around the world to stimulate growth eventually spark inflation, commodity prices might escalate rapidly. "If the world economy is going to improve, commodities are going to be the best place to be," asserts Rogers. "If the world economy doesn't improve, commodities are going to be the best place to be." Anyone for a truckload of soybeans...
...Rather than take on our central premise, he says how indispensable industry is to churning out new products,” says David J. Rothman, who directs the center for the Study of Science and Medicine at Columbia University. “What we are saying is that you need to make sure there are firewalls between industry and medicine...
...Laura Ling and Euna Lee, who were working for San Francisco based Current TV at the time of their arrest, will be put on trial to face criminal charges for entering North Korea with "hostile intent." Pyongyang's Korean Central News Agency said Friday that the North decided to indict the women reporters "based on criminal data confirmed." The pair were detained by North Korean guards last month after allegedly straying across the border, an unmarked halfway point on the Tumen River dividing China and northeastern North Korea. The U.S State Department, which already has its hands full trying...
...least five bomb attacks in Iraq in the past 48 hours have left some 140 people dead, wounded dozens more and raised fears that the country may be returning to the sectarian violence from which it has only just emerged. On Thursday three bombs in central Baghdad and areas northeast of the capital killed at least 80 people and wounded more than 100. On Friday, a double suicide bombing at the most important Shi'ite shrine in Baghdad killed another 60 and injured 125 more. The bombs went off as people gathered for Friday prayers at the mosque and tomb...