Articles 2026
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Globalism and the Liberal Model
Playing the invisible hand that's dealt us
The New York Times, "Economic Scene", January 31, 2002
As business and political celebrities gather this week for the World Economic Forum, their mood is somber compared with the triumphalism of the 1990's. Not only have the organizers moved the meetings from Davos, Switzerland, to post-Sept. 11 Manhattan, but these international movers and shakers can expect to be confronted by protesters determined to stop global economic integration. The confidence of "Davos man" in the irresistible march of globalization -- and his belief in his own righteousness and cultural cool -- has been shaken.
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Why Bush Stiffed Enron
The Wall Street Journal, January 25, 2002
Enron Corp. gave the Bush campaign lots of money. When Enron got in trouble, cabinet secretaries took its calls. But they did nothing to save it.
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Often, Basic Concepts in Economics Are Taken for Granted
Things that every economist takes for granted could help a lot of other people avoid some costly mistakes.
The New York Times, "Economic Scene", January 03, 2002
The American Economic Association begins its annual meetings tomorrow in Atlanta. While most people seem to think of economics as a field that studies the stock market and government policy, the three-day agenda demonstrates a much wider range of scholarly questions.
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We Are Where We Eat
D Magazine, January 2002
Two of the hottest new restaurants in Dallas prove that what's on the walls counts as much as what's on the plates.
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Little Sense in Setting Fuel-Efficiency Targets
Setting fuel-efficiency targets for vehicle fleets makes little sense
The New York Times, "Economic Scene", December 06, 2001
Gasoline prices have fallen sharply, to below $1 a gallon in some places, encouraging Americans to drive more. The war on terrorism, meanwhile, is raising questions about relations between the United States and Saudi Arabia and the future of Persian Gulf oil supplies. In response, some activists and commentators are calling for government action to require more fuel-efficient automobiles.
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Yes, Don't Impede Medical Progress
The Wall Street Journal, December 05, 2001
To many biologists, the recently announced creation of a cloned human embryo was no big deal. True, researchers at Advanced Cell Technology replaced the nucleus of a human egg with the genetic material of another person. And they got that cloned cell to start replicating. But their results were modest. It took 71 eggs to produce a single success, and in the best case, the embryo grew to only six cells before dying. That's not a revolution. It's an incremental step in understanding how early-stage cells develop.
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The New Republic
The grandest buildings in America were built to gratify bankers' egos. In Dallas these proud monuments have sat as cavernous relics. Until now.
D Magazine, December 2001
The grandest buildings in America were built to gratify bankers' egos. In Dallas these proud monuments have sat as cavernous relics. Until now.
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The Decline of the Muslim Middle East, and the Roots of Resentment
The decline of the Muslim Middle East, and the roots of resentment, can be traced to Islamic inheritance law.
The New York Times, "Economic Scene", November 08, 2001
Until the late Middle Ages, the Muslim Middle East was at least as economically developed as Europe. Then, beginning with the rise of the great Italian traders in the 14th century, Europeans pulled ahead, while the Islamic world gradually declined. By the 19th century, European economic influence had translated into political domination of the Middle East. The Islamic world has never fully recovered, and that disparity feeds resentment today.
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Beyond "Machines for Shopping"
Can design give a mall the comforts of home?
D Magazine, November 2001
Dallas is famous for its shopping malls. But when I first came here last year, I couldn't figure out why.
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Even in good times, airlines depend on a hairline balancing of supply and demand
The New York Times, "Economic Scene", October 11, 2001
On a recent flight from Los Angeles to Dallas, the American Airlines pilot thanked the passengers profusely at the beginning and end of the trip.