Word: ought
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...antiregulation ideology had failed was a landmark on this front. Federal judge and Chicago Law School professor Richard Posner's new book, A Failure of Capitalism, is another. In it, Posner fingers financial deregulation as a major cause of the crisis. He's less clear about what we ought to do now, although one of his suggestions very much fits the crude-measure standard: we should consider raising income taxes on high earners "in order to reduce their appetite for risk-taking...
...force ourselves to confront such issues head-on," he wrote. He said he wanted to help prevent the country from making similar mistakes in the future and that he fretted that just as Washington misperceived Vietnam a generation ago, it remained in danger of making a similar mistake. "We ought to learn the history of the Muslim religion," he told TIME in 1995. "Most Americans don't know the difference between the Sunnis and the Shi'ites, but we need to know that because that's going to be a major issue in the world of the future." (See pictures...
...late 1970s and early '80s--so it's a little scary to predict that they will stay high this time around. But the fact that even the slightest hint of a turnaround in the global economy has sent oil prices skyrocketing from $35 a barrel to more than $70 ought to be a sign that the upward price cycle that started a decade ago isn't played out yet. The crucial element may be that the struggling U.S. no longer drives the global demand cycle--China and India...
...coverage to the uninsured, transforming the insurance market and figuring out how to pay for it all during a crippling recession. "It's become conventional wisdom that we've got the wrong payment system," says Ezekiel Emanuel, a key White House health adviser. "Even the Republicans agree that we ought to pay for quality instead of volume...
Still, Rubinstein has managed to keep Palm in the race. The Pre ought to find new converts, but it is Palm's WebOS that's the key to success. Rubinstein told me that Palm is working on an array of mobile Internet devices, all powered by WebOS, which he argues - persuasively - is built to last a decade or more...