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Ironically, analysts who once criticized Sony for falling behind the technological curve are faulting it for being too advanced with the PS3. Blu-ray discs can show game graphics and movies in gorgeous detail, for instance, but few households currently have TVs that can display the full resolution of the format. That will change as prices for those TV sets decline. But consumers may also be reluctant to invest in the PS3 given that Sony and Toshiba are waging a format war over next-generation DVDs--no one wants to be saddled with another Betamax. "A lot of the technology...
...free markets had not caused the Great Depression. Rather, in A Monetary History of the United States, written with the great economist Anna Jacobson Schwartz, Friedman said it was horrifying incompetence by the government, specifically the Federal Reserve, that had caused and prolonged the Depression. He showed in minute detail how failures of monetary policy--occasionally motivated by the anti-Semitism of some Fed governors--had created catastrophe from what could have been a short recession. This analysis was so powerful that it revitalized the monetarist school of economic thought: that the supply of money greatly affects not only prices...
...Langguth details the construction of the country with impeccable detail, but his prose never borders on the tedious. He avoids the run-of-the-mill history lesson by inserting various anecdotes about America’s founding fathers...
...Battle of New Orleans, famously fought after the Treaty of Ghent—which formally ended the war—is chronicled with each spectacular and likely little-known detail. Jackson, feeling the constraints of his small army, even sent a proclamation to black recruiters, saying, “Through a mistaken policy, you have heretofore been deprived of a participation in the glorious struggle for national rights in which your country is engaged—this no longer shall exist. As sons of freedom you are now called upon to defend your most inestimable blessing...
...named Shukair Farid, "the butcher of Mosul," whose gang slaughtered more than 200 during a yearlong rampage in the northern city. Farid, a police lieutenant, had gained fame after appearing on the hit reality-TV interrogation show Terrorism in the Hands of Justice, on which he told in gruesome detail of the scores of Iraqi lives he took, often using his uniform to trap victims. Farid didn't go easily. On the morning the convoy of Iraqi officials drove out to oversee the execution, 30 cars ambushed them with gunmen firing PKC automatic weapons. After fighting their way through...