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Thursday, April 28, 2011

Some Thoughts on The Economist April 23rd - 29th 2011

This weekly post has everything to do with me forcing myself to read the whole Economist by Tuesday and nothing to do with you caring. I will try to keep it to less than 10 articles a week because that is the limit for non-subscribers.

Thrusters v Laggers

I am eagerly looking forward to the year that we more or less have a national primary day and we can dispose of this 6 month primary nonsense. I have no facts to back up my case, but I would be willing to guess that the extended primary season contributes heavily to the billions spent on elections. Personally I would love to see a national primary day in the beginning of July followed by a run off for the top two in each party in September followed by 2 months of campaigning and then the final match-up in November. We would save money and vastly shorten the presidential campaign season, maybe this might even benefit governance in someway.

Brazil's Economy: Wild Horses

I really just wanted to call your attention to this graph more than anything. Bad news for US citizens and their Brazilian vacations but good news for those US citizens looking to sell US products to Brazilians.

The River Nile: A dam nuisance

Insult to injury right here, not only is Egypt losing clout due to an internal power struggle (you call it democracy I call it veiled elites vying for power, pun intended) but their upstream neighbors get together and steal the water rights to to one of their national treasures! I'm linking to this because when most of us think about water rights we  imagine Western states jockeying for the ability to keep their grass green in the middle of the desert. This is all about the ability to harness the Nile for energy purposes, which all of Africa is going to need badly when the boom times kick in to top gear. Wars will be fought over water but possible not for drinking purposes.

Croatia and Serbia: Protest days

One country's war hero is the rest of the world's war criminal. Makes you wonder what would have happened to a certain Civil War General if the war was fought in the present international climate.

Others:
Schumpeter: The case against globaloney
Bagehot: No more royal weddings
Direct Democracy: Vox populi or hoi polloi?
Out-of-home advertising: Billboard boom

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