Word: rightly
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...thing about poor people in general, their lives are all within arms length, right? If you're rich, you can reach back into history, you can reach out into outer space, you can do all sort of stuff if you're rich. And if you're middle class, you can at least imagine it. But poor people, what do they have? They have sex, and then they have children. And they have names for those children. And all kinds of hopes, and maybe despair, is tied up in the sex, and then later on in the naming of the children...
...point here isn't that Smith was right in every last one of his prescriptions and proscriptions. He was an 18th century Scottish scholar, not an all-knowing being. Many of his apparent self-contradictions are just that - contradictions that don't make a lot of sense. (See the best business deals...
...allies, whose stated objective remains ending all uranium enrichment in Iran. Tehran has held firm to the principle that the NPT allows it to enrich uranium for energy purposes, under international scrutiny - and it has been willing to go to the mat to defend that right...
...collectively recoil in horror at the idea of his country's going to the IMF, but Merkel is effectively daring him to do it. Speaking to the German Parliament in Berlin last week, Merkel said that calling in the IMF "would probably have to be the way out right now if action were to be taken." She went on to say that the euro-zone countries should be able to kick out one of their own to avert a crisis in the future - a statement deliberately aimed at Greece. (See the top 10 financial-crisis buzzwords...
...many Germans, Merkel is right not to put their country's money on the table too soon, as it could lift the pressure for reform in Greece. "That would risk setting a precedent of profligate countries taking advantages of the others," says Silvio Peruzzo, a London-based analyst at the Royal Bank of Scotland. "If you set up a bad incentive, then you undermine the credibility of the euro zone. In that sense, the Germans are much more forward-looking." (See pictures of the dangers of printing money in Germany...