Greatness is in the Eye of the Beholder
The story seems familiar. The son of a king, always feeling as though he hasn’t lived up to his father’s standards, drives his army across the world to Babylon (modern day Iraq) to conquer an empire. This empire (Persia) is commanded by a tyrant whose rule, or so goes the Macedonian propaganda machine, is based only on brutality and slavery.
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Real Earnings Plunge as Prices Rise
The October jump in the producer price index and the consumer price index signals a new phase in the four-year trends in inflation and real wages. These trends now confirm a downward trend in the living standards for U.S. workers. From October 2003 to October 2004, real average weekly earnings fell by half a percentage point.
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Thanksgiving in Retrospect
'Thanksgiving' has come and gone. Let’s look at last week’s news and views, some of it at any rate, to see who should be thankful for what. David Brooks, the ultra right op-eder for the New York Times was thankful for 'Globalization' which he thinks is reducing global poverty.
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