Word: smartness
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Although Harvard has particular reason to celebrate, the rest of the public should similarly laud the Times’s smart choice of Mr. Douthat. The columnist whom he will replace, Mr. Kristol, has ancestral ties to the luminaries in the American conservative tradition. His father, Irving Kristol, chartered the school of thought known as “neoconservatism,” and he studied for his doctorate under Harvey C. Mansfield, Jr., ’53, conservativism’s elder statesman and principal brain trust. Despite these credentials, Mr. Kristol’s short run on the Times?...
...Except for that really smart kid you know who studied for about three hours and will do better than you. In a cynical mood, eh? You might enjoy re-watching the hanging, drawing, and quartering of former Crimson President Jim Cramer '77 by John Stewart. While we're pleased Stewart has found a new target after his best buddy rode off into the sunset, FlyBy still holds a soft spot for Cramer from its days watching Mad Money as a budding i-banker (pre-crisis, of course) and this infamous clip...
...million pre-tax loss on its credit segment in the fourth quarter. "The company did great with its credit business when the economy was up, but now that it's down, carrying your own credit is devastating," says Davidowitz. At least Target can be grateful it made one smart move: in May, the company sold 47% of its receivables to JPMorgan Chase for $3.6 billion. Without that move, the devastation would be much worse...
...Economic nationalism and state intervention can be good or bad, smart or dumb, and in the coming years we need to be pragmatic and distinguish. Globalization proponents—especially those who support the phenomenon on the condition that it’s better managed—have nothing to fear from economic nationalism and state intervention per se. The economic interconnectedness of the world is not disappearing, and we will need to address most problems collectively. But this time we need to be more careful not to put all of our eggs in one basket. Many forms of economic...
...smart battle for the reformers to fight. Most of their differences of opinion with Limbaugh do not really rise to the level of principle. (Whether global warming is happening and what risks it poses are empirical questions, not ideological ones.) Moreover, the vast majority of conservative voters agree with Limbaugh, not the reformers, on most of these questions. If Limbaugh were to disappear tomorrow - which, by the way, he is not going to do - most conservatives would still put upper-income tax cuts at the top of their agenda. It's not as if they believe what they believe because...