all-encompassingly

Como si necesitaramos más pruebas que el gobierno kirchnerista no entiende los principios fundamentales de la economía…
Acá tenemos Alberto Fernández justificando el pedido del gobierno que las empresas den informes en cuanto a sus costos de producción para que “no haya abuso de precios.” Jajaja…
“Los costos determinan el costo final de un producto o […]

apparently, some americans, even the ones in charge, do not have newspapers either.
at a recent committee meeting, an american congresswoman failed to recognize the federal reserve chairman sitting right in front of her, drawing laughs.

The first Thanksgiving was made possible because the Pilgrims ended their experiment with socialism and embraced private farming.
John Stossel explains:
When the Pilgrims first settled the Plymouth Colony, they organized their farm economy along communal lines. The goal was to share everything equally, work and produce.
They nearly all starved.
Why? When people can get the same return […]

Brilliant piece by Ruth Marcus.
Game. Set. Match.

The most important (moral) issue of our time is not abortion, but the national deficit/debt. So says Tom Coburn:
Sen. Tom Coburn (R-Okla.) said Congress’s deficit spending has become a moral issue surpassing abortion because it saddles future generations with massive debt before they’re born.
“The greatest moral issue of our time isn’t abortion, it’s […]

Classic post from Brad at Consumption Rules:
Profits I can understand. Cheap profits I cannot. Profits are the normal mark-up on products or services that add value.
Cheap profits are money that a business takes in without adding any extra value. They leave a bad taste in everyone’s mouth except for the owner of the company who […]

Robert Wright has a great post about a inflation in Argentina and a law (unenforced) that would really provide greater transparency of the current situation.
[ed: Argentine law in Spanish here]
…
Without all the legalese, it basically says: Post the % price variation of each product on display with respect to the beginning of the year & […]

Kirchner no tiene que controlar precios, solo eliminarlos! Genial!
Nueva controversia en el Indec
El organismo informó que discontinuará un programa de monitoreo de precios; en Hacienda dieron luz verde a la implementación del nuevo plan estratégico
Como decía un comentario:
Sres Del Diario la Nacion, me extrana que tan prestigioso diario cometa semejante error de ortografia, es […]

We are very blessed here in the US to have strong institutions that would probably prevent such an outcome.
Nevertheless, listening to this clip of FDR lament the power of the Supreme Court (and the principle of private contracts) makes me wonder if the next collapse of our economy will give rise to a power mad […]

 “Digan lo que digan, mientan si quieren, pero estos empleados ingratos no tienen porque quejarse. Obviamente ellos son de cuarta categoría también.”

I was talking to friend yesterday about the Home Depot CEO who is walking away with $210 million (most of which was agreed upon before he resigned). An article in New York Magazine pointed out a possible solution, which I think is a great idea:
We could enact de facto compensation caps for top executives, […]

This is the upside-down world we live in.
Robert Nardelli, the CEO of Home Depot who came under fire for the size of his pay package as well as his management style, stepped down and will leave the No. 1 home improvement retailer with a $210 million severance package, the company said Wednesday.
The whole article explains […]

that’s what i learned here

Great blog post summarizing the Houston Chronicle article on remittances being sent to El Salvador (where they constitute 16% of GDP).