Sarkozy to announce new economic reforms

France: 24 REUTERS – French President Nicolas Sarkozy is set to reveal a swathe of new economic reforms on Sunday to create more jobs, improve business competitiveness and convince voters he is the right leader to revive France’s sputtering economy. Three months before presidential elections in which Sarkozy has yet to […]

The politics of living under terrorism

Courtesy: Express Tribune: Khalid Ahmed: Fear guides Pakistan. And this fear emanates from the absence of law and order. In other words, terrorism. Law and order can fluctuate in most Third World states and still not render them dysfunctional. When we say law and order in Pakistan, we mean terrorism coming […]

We Have Entered The Twilight Of The Leisure Class

[This post is published with permission from the personal blog of SEC Senior Policy Advisor Rick Bookstaber.] Conspicuous leisure, conspicuous waste, conspicuous consumption. Veblen coins these terms in Theory of the Leisure Class to describe the strategies the noble and priestly classes employ to assert their status. Veblen observes that a life of leisure is the readiest evidence […]