New Orleans Finally, it appears that economists are catching up with the on-the-ground reality when it comes to workers and the factors that push down on their wages. Arguments that there is a free labor market, universally mobile and propelled by little more than self-interest, have always been specious. Rationalizations that low wages …
Changing the World from West Texas
New Orleans Driving on Interstate 10, leaving New Orleans and heading west finds the end of the road in San Diego and the Pacific Ocean. There are cities along the way, Houston first, then San Antonio, and eventually Phoenix, but the longest stretch, it often seems, runs between San Antonio and El Paso …
New World Order?
Pearl River There’s a certain degree of irony that should put an asterisk on any expression that includes the phrase “world order” or “new world order.” The arrogant pretense that there is some order in the world, old or new, seems preposterous, especially these days. Nonetheless, the horror of watching Russia turn back the …