Journal: India, Demography, & the Future

India’s Demographic Moment With the right conditions in place — education, entrepreneurialism, and environmental awareness among them — a young, eager, educated workforce can be the key to prosperity. by Nandan Nilekani August 27, 2009 Harvard Business Review When conditions are right, large numbers of young workers can drive a nation’s growth to remarkable levels. …

Journal: It’s Time to Legalize Drugs and Re-Design the Entire National Strategy-Policy-Budget Process

It’s Time to Legalize Drugs By Peter Moskos and Stanford “Neill” Franklin The Washington Post, Monday, August 17, 2009 Undercover Baltimore police officer Dante Arthur was doing what he does well, arresting drug dealers, when he approached a group in January. What he didn’t know was that one of suspects knew from a previous arrest …

Journal: Chuck Spinney Flags Jeff Madrick on Greed and Corruption in Form of Economic “Rents” in Form of Massive Unwarranted Bonuses and Salaries Among Wall Street, Federal Reserve, and Revolving Department of Defense Leaders

In the attached essay, my friend Jeff Madrick uses the unbridled greed of the finance industry (now trying to rescue itself from its own excesses by sucking at the government teat) to highlight the basic hypocrisy in the so-called free-market economy of go-go capitalism.  Jeff summarizes the results of two recent mainstream economic studies which …