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Overall and long range, however, the growth of the Internet and IT promises much greater gains than losses: in economic growth, productivity, consumption, lower inflation and even, maybe, more leisure. In sum, a better, richer life for almost everyone. To realize the promise of IT, and minimize the risks, we must experiment with new policies and new institutional structures, make provisional decisions about where we should be headed and then experiment some more. The bright side, says Romer, is that it's doable: "We control this process." Both present and past may be prologue, and indeed we ain't seen...
Home-equity loans are available at fixed or variable interest rates. Householders can borrow a lump sum or set up a revolving line of credit that they can tap into as they please; amounts repaid can be borrowed again. Though such loans were once used for home expansions and remodelings, today's householders are borrowing for all sorts of purposes. Among them...
Purdy's book is in its way strikingly mature and knowledgeable, extraordinarily well crafted, and in the end profoundly meaningful. This does not mean the book is flawless. It simply means that in the sum of things Jedediah Purdy has written a book that, in its example of a person who is unafraid to express out loud his delicate loves, richly deserves fulfillment of its modest request: "I cannot help believing that we need a way of thinking, and doing, that has in it more promise of goodness than the one we are now following. I want to speak...
...that this Congress has a lot to learn about public relations? The GOP wheeled out House golden boy J. C. Watts Thursday to explain that the re-jiggering only meant 12 monthly payments to these families (just like his own back in the Dust Bowl) instead of one lump sum. But factor in inflation, and whatever interest might be earned by socking the money away, and what the Republicans are offering is undeniably less money. Worse, it sounds heartless, especially within the context of an ugly budget that?s already breaking the fiscal bank in a hundred other ways. These...
...sumé: Sophomore, was the stroke of the varsity lightweight boat that won last year's national lightweight crew championship. He's really sweet, extremely funny, and congenial, a very decent...