The Economist

Neil, You are right. Ever since BW went down hill, The Economist became by favorite. It covered issues that way ahead, sometimes by a year, of several other popular business magazines. It is not cheap. Fortunately I read the copies at work or gym.

Off the top of my head I would say use a 'redistrubution of income from rich to poor' approach. This can be done in 2 ways:
1)REGRESSIVE increase in inflation adjustment payments to public sector employees. (with the lowest income-earners almost fully compensated and the highest earners almost not compensated at all):
While it would be required to fully compensate for the inflationary loss of income for lower income public sector employees in order for them to achieve a minimum standard of living..it wouldn't be as necessary to compensate those of higher income.

2)Increased income tax on higher income brackets(INCREASINGLY PROGRESSIVE TAX):... Read More
To finance the public sector payouts..I think taxes would be inevitable..However the government could increase the degree to which the taxes are progressive. Ie. Levy higher taxes to the high income brackets.

I feel the private sector backlash caused by the increased taxes on high earners (decreased investment and business activity) wouldn't be a grave issue in BD's present relatively robust growth period.
However, the gov't could nevertheless further strengthen pro-business policies to sustain growth.
(Inflation would still remain a problem throughout all this..but it seems to be exhibiting a downward pattern these days)

I think I know where you're coming from on that, but I disagree. The small section in the back (science, arts, the always interesting obituary) is a welcomed snippet of information about the world outside of politics. Also, Captain America symbolizes what most American comic book heroes of the 20th century symbolized: the righteousness of the ... Read Morefree world during the cold war. If you look at a lot of comic books from the cold war era (you know, the good ones), they have heavy messages influencing the population.
Don't write me off as a conspiracy theorist; most of the villains were either Russian or Eastern European. e.g. Red Skull, Omega Red, Dr. Doom, Kraven. Point being I thought this side article was a wonderful addition.

My favorite weekly read as well.

I liked it - the pop culture of any given place can tell you quite a bit.

yaeh its simple, when you deduct the rate of inflation ( growth in price index) from Nominal interest rate, you get real interest rate. Hope,you must be knowing what is nominal interest rate. Its simply market rate of interest, set by Fed.

I agree with you on these theory of dependency. dependecny goes along with blaming others.