ATLANTA – "Marijuana could become an ideal agricultural export for Georgia," I inform the concierge. She smiles warmly and says that it is not her decision. I am in an upscale hotel in Atlanta, operating in a broad space that appears to be overseen by the concierge. Many decisions can be made in this environment. […]
Decriminalizing Drugs in the U.S. May Help Mexican National Security
In a recent Wall Street Journal OpEd by the former presidents of Mexico, Brazil, and Columbia, “The War On Drugs Is A Failure,” the core conclusion – as also expressed by the Latin American Commission on Drugs and Democracy recently in Rio de Janeiro – is that the “alarming power of the drug cartels is leading […]
Are We Experiencing American Perestroika?
It is midday early in the week and I am caught in a sudden and emotional macroeconomic conversation with a New York City cab driver from a former Soviet satellite nation. The issue is the credit card acceptance machinery that has been fitted to his taxi and that I have engaged, having already tapped through […]
Why We are Coming Out of This Recession Even in the Stink of It
I have never had a Bank of America account. But given the 80 percent stock price decline Bank of America has experienced since the rushed announcement of the Merrill Lynch acquisition – inclusive of the $20 billion the U.S. government threw them to stay solvent in the face of the blemish Merrill Lynch has come […]
String Theory in Journalism – One More Account on Economics
We are just beginning to taxi. I am over the wing and listening to the many adjustments happening among the aluminum components and the delicate structures that will govern our scheduled ascent. It is easy to strike up a conversation with the passenger beside me, as there is a certain frank and anonymous openness that […]
Snow and Economic Bellwethers in North Carolina
I am sitting in a small Italian eatery in Durham, North Carolina – thinking about my morning and about how welcome the construction sounds outside my Raleigh hotel room were just after waking, and the owner comes over to my table and asks me about my hero, and I tell him that it is perfect […]
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