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The Frugal Life I commend Nancy Gibbs for using her column to state what we are unlikely to hear from any elected official: that thrift is an important virtue and that our failure to practice it has helped bring on the current economic collapse [Oct. 13]. Those who lived through...
4 | Washington Worrying Words for the Market As they scramble to soothe panicked traders, George W. Bush and his financial team might consider a strategy of silence--at least during market hours. A look at their recent speeches suggests that saving their remarks for after the 4 p.m. closing bell...
I commend Nancy Gibbs for using her column to state what we are unlikely to hear from any elected official: that thrift is an important virtue and that our failure to practice it has helped bring on the current economic collapse [Oct. 13]. Those who lived through the Great Depression...
These material and structural differences between the Depression era and the crisis we face today are significant. But the most important and consequential differences lie in the realms of ideas and attitudes, especially regarding the role of government. Consider what might be called "the tale of two Secretaries." Treasury Secretary...
Choosing new members isn’t easy. Because the groups are so small—typically capped at 15 or 16—the turnover can be extremely high. If a given graduating class has a lot of singers, half the group can disappear at the end of a...