Word: self
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...South Vietnam. And as in Vietnam, civilians are being massacred by U.S. troops. The media will deny it until, like My Lai, it becomes too big to be denied. While I heartily disagree with its policies, even the Taliban would be better for Afghanistan than the U.S.'s self-serving occupation. Hannah Morong, Marblehead, Mass...
...from seeking to create an international crisis, North Korea is acting defensively. This is a regime that above all else seeks to remain in power, to preserve its juche ideology of militant nationalism and self-determination, and to run its economy without following China's advice about "reform and opening." But the regime presides over a desperately poor country with few resources, very little international trade, an ever-widening gap between itself and South Korea, a calamitous public-health situation and a military that gobbles up the greater part of the budget. On top of all that, North Korea...
Strully used a nationally representative and continually updated data set known as the U.S. Panel of Study of Income Dynamics (PSID), which surveys people around the country each year on their employment status and their self-reports of health, among other things. Strully used data from 1999, 2001 and 2003 to track people's job status and the impact on each person's health 18 months later. Since previous studies on employment and health suffered from a chicken-or-egg conundrum - researchers could never be sure whether the stresses and strains of unemployment led to poorer health, or whether people...
...surface, it appears we are suffering from the classic “Ec10” problem known as the tragedy of the commons: Certain people’s self-interest is destroying collective and open resources. But it’s not that simple. What action is self-interested and what’s not is hard to identify when prosperity—albeit unequal prosperity—has historically relied on the use of what was once thought to be an endless resource: the atmosphere...
...Proposals for a nonprofit organization to trim its workforce in light of a recession are rightly controversial, even from economic point of view. In the Keynesian model, a recession can lead to a vicious circle of self-perpetuating cutbacks unless the government steps in to buttress demand. Under this logic, any actor claiming to act in the public interest (including but not limited to the government) ought to buy more goods (and labor) in a recession than a for-profit corporation under comparable constraints in order to maintain employment and demand levels...