Word: smalleness
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Among the most enthusiastic readers of Rand's work were small-business owners. Writes Burns: "Although Rand spoke in the coded language of individualism, her business audience immediately sensed the political import of her ideas. Many correctly assumed that her defense of individualism was an implicit argument against expanded government and New Deal reforms." It's the same argument current objectivists have against the government's virtual takeover of the banks and the auto industry. As Burns notes, "Her novels touted anew by Rush Limbaugh, Rand was once more a foundation of the right-wing worldview...
...fellow at the nonprofit Center for Education Reform. "For more than 30 years, the Catholic Church has been supporting the public-school system, educating children that many said were uneducable," Carter says. "When these schools are closing at [a rate of] 100 to 200 a year, no matter how small they are, that ends up putting a massive burden on an already burdened public-school infrastructure." As he sees it, urban Catholic-school closures dump students back into a system that is ill-prepared to educate them, a system that in many large U.S. cities awards diplomas to only half...
Observed on the second Monday in October, the holiday celebrates the achievements of Christopher Columbus, a man who lived almost three centuries before the U.S. Federal Government even existed, much less created a holiday in his honor. But for such a loosely observed federal holiday, Columbus Day generates no small amount of controversy: the day, like the man himself, is reviled by critics who feel Columbus' arrival in the New World opened the doors to hundreds of years of exploitation and genocide. Is it really worth it? (Read "The Trouble with Columbus...
...rates - but one very conspicuous central bank is unlikely to follow suit. With the U.S. jobless rate at 9.8% and still rising, the U.S. Federal Reserve cannot risk a rate increase anytime soon, despite the danger of inflation. Raising rates would add to the burden on U.S. businesses, particularly small- and medium-size enterprises that account for the majority of U.S. jobs. Higher rates would also make mortgages, credit-card debt and other forms of personal financing more expensive, further crimping consumer spending, which accounts for the bulk...
...Reporters Without Borders. It is not those limitations on the media that China's propaganda ministers are trying to modernize. Rather, it's the ability of the political party to have its message heard. An August Qiu Shi article complained about the dominance of the global media by a small number of conglomerates like Murdoch's News Corp. and Time Warner. But in China, oversight of CCTV and Xinhua is consolidated in the hands of the party. When Li Congjun, head of the Xinhua News Agency and chief organizer of last week's event, noted during the summit that "there...