Monthly Archives: April 2014

The Time-Warp and the Three Milliseconds

(“Navajo Family Receives Electricity in Their Home for the First Time,” by Candice Naranjo, AP, April 13, 2014, here, and Sara Morrison, The Wire, here.) Spread’s tunnel was not intended to carry passengers, or even freight; it was for a fiber-optic cable that … Continue reading

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Inequality and the National Debt

(Mark McHugh, “Understanding the National Debt – Sesame St. Addition,” September 24, 2010 here) , updated April 17, 2012 (here) Public credit affords such facilities to public prodigality, that many political writers have regarded it as fatal to national prosperity. For, say they, when governments … Continue reading

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Inequality and Taxation

It’s not just Occupy Wall Street protesters that are worried about wealth and income inequality. Now people like Bill Gross, manager of the world’s largest bond fund at Pimco, are warning that the problem is making the U.S. less productive. As noted … Continue reading

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