Waiting for the Oil
Posted in Main Blog (All Posts) on June 24th, 2010 4:31 am by HL
Waiting for the Oil
Joanna Weiss, Boston Globe
THE OIL is coming. It’s not here yet, but it’s coming.St. Bernard Parish, a place that bore some of the worst effects of Hurricane Katrina, has thus far been mostly spared from the BP disaster. No one knows when this state of grace and irony will end; projections show that oil could hit the barrier islands of Breton Sound as early as tomorrow. And so a community accustomed to waiting for hurricanes, wondering if the worst case scenario will hit, now has to wait again.
Schumpeter 2.0
Richard Swedberg & Thorbjorn Knudsen, The American
A great thinker's contribution not only appears in his or her finished works and arguments, but also within the rich intuitions or core ideas that underlie the arguments.During the last decade or so, the theories of Joseph Schumpeter have gone through a revival, and much attention has been devoted to his work. By now many economists and commentators value his work highly, especially what he says about entrepreneurship and creative destruction.
Our G20 Agenda
Tim Geithner & Lawrence Summers, Wall Street Journal
This week, President Obama will travel to Toronto for the G-20 Summit. Engagement with the G-20 has been a key component of the administration's strategy to defuse the global financial crisis and ensure economic recovery. Stronger growth with solid job creation here in the U.S. depends on an expanding global economy, and this year's G-20 provides an important opportunity to focus on the policies required to reinforce growth.In London last spring, the G-20 embraced an unprecedented and coordinated strategy to end this crisis. In Pittsburgh last fall, we established a new framework…
