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AMERICAN.COM

A Magazine of Ideas

Home page Archive: December 2006

by David Robinson last modified Monday, January 8, 2007

Misdiagnosing the Java Jive

By Sally Satel

Calling caffeine "addictive" confuses the issue. It does not belong in the same category as drugs of abuse. READ MORE

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Joseph Barbera: An Appreciation

By Shaun K. Chang

The late animator brought a bold approach to cartooning. He proved it is possible to influence kids for the better without being anodyne or politically correct. READ MORE

Take Two Servings of Paternalism

By David White

Recent bans on smoking and fatty foods reflect a dangerously popular mindset. READ MORE

 

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Searching for Free Markets in Latin America

By José Enrique Idler

Leaders may ignore reality, but open trade is both desirable and necessary for the region. READ MORE

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Passing Trade

 

Return of the Cowboy

By Pejman Yousefzadeh

The President could act alone to make progress on free trade. READ MORE


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Italy in Crisis

By Jurgen Reinhoudt

Can Prodi surpass Berlusconi when it comes to free-market reforms? Yes, and reforms wouldn’t come a moment too soon. READ MORE


Books for the Turkmen Desert

By Benjamin A. Graham

Packing for a two-year trip to one of the world’s most remote locations, I asked friends to suggest reading material. Their answers changed my life. READ MORE

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wednesday's SEC Meeting: what they didn't do. . .

 

A Costly Delay Keeps Firms in the Dark

By Peter J. Wallison

By putting off a decision on the court ruling in AFSCME v AIG, the SEC has left corporations in the dark and handed an advantage to shareholder activists. READ MORE

 

 and what they did. . .

The SEC Takes a First Step Toward Reform

By Alex J. Pollock

The Sarbanes-Oxley Act, particularly the notoriously inefficient implementation of its Section 404, has become a synonym for wasteful expense, bureaucracy and paperwork. On Wednesday, the SEC moved toward a remedy. READ MORE

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Rotunda

 

Three Cheers for High Tuition

By David Robinson
Tuition hikes at public universities aren't necessarily a moral problem. They might be a symptom of progress. READ MORE


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From the magazine

economic_map_america_31_lg.jpg

The New Economic Map of America

By Joel Kotkin

The geography of the U.S. economy is constantly shifting. Now the hinterlands are getting their revenge on the big cities of the East and West Coasts. Towns like Sioux Falls, South Dakota, and St. George, Utah, are the winners. The losers are ‘hip’ cities like Boston and San Francisco, which don’t seem to know it yet. READ MORE

 

 

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Pew's New Biotech Report Misses the Mark

By Henry I. Miller
The nonprofit asked questions its own research shows the public is unprepared to answer. READ MORE

 

Patently Ridiculous

By Timothy B. Lee
The patent office has given protection to clever filers who haven't really innovated, creating a huge and expensive mess. Now, the Supreme Court has a chance to clean things up. READ MORE

 

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Cover Story

 

The Glorious Art of Business

By Daniel Schulman

Charles Sheeler, a member in good standing of the New York avant-garde of the early 20th century, came close to perfection in his portrayal of the American industrial landscape. His photographs and paintings gave conveyor belts and stamping machines almost religious qualities. READ MORE

 

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Heirs to Sheeler

By Nord Wennerstraum

Who are the best industrial artists today? We make the introductions. READ MORE



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Book excerpt

In China's Shadow: The Crisis of American Entrepreneurship

By Reed Hundt

American.com offers a selection from one of the best recent books about China. READ MORE

 


From the Magazine

Why Do We Underpay Our Best CEOs?

By Dominic Basulto

Sure, some CEOs aren’t worth their outrageous compensation, but a bigger problem is that large public companies, in many cases, don’t pay enough. The best and brightest minds are increasingly drawn from running key businesses to other pursuits that may not be as socially useful—but pay much more. READ MORE 


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Hungary's Nostalgia for a Revolution

By Matt Perlman

Recent riots in the country owe more to a national sense of history than to economic circumstances. READ MORE 

 

Book Review

The Road to Hell?

By Glenn Goldsmith

The World Bank and IMF, for all their faults, are not that bad. READ MORE

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From the Magazine

Mister Powerpoint Goes to Washington

By Matthew Rees

Mitt Romney, Massachusetts governor and Olympics savior, aspires to the White House. What does his background as a Bain consultant and hyper-successful venture capitalist tell us about how he’ll perform? READ MORE

Time for Change in the Capital Markets

By Peter J. Wallison

Bureaucratic hedging in the new report from a blue-ribbon panel can't hide the need for fundamental reform. READ MORE


 

The Puzzle of Parisian Partisanship

By Jurgen Reindhoudt

Of all large European nations, France is the country where political leaders are most vocally opposed to capitalism and globalization--at least in theory. READ MORE

Does Anybody Really Know How to Limit Government?

By Todd Seavey

They said they'd keep the federal government strictly limited—and they failed. No, I don't mean the Republicans in Congress. I’m talking about a far more esteemed group of intellectuals: the Federalists, who urged the ratification of the U.S. Constitution. READ MORE



 

 

From the Magazine

Spooky Serendipity

By Nick Schulz

When you use the iPod’s shuffle feature, the machine seems to know what is taking place around it. Is randomness part of Apple’s grand scheme? Can cell phones do it better? READ MORE

 

Book Review

Thinking Inside the Box

By Brandon Bosworth

A "fair trade" critic of Wal-Mart ought to focus on keeping markets free—in part by fighting the rents that Wal-Mart extracts from local governments. READ MORE


 

FROM THE MAGAZINE

The Secret Life of Lou Dobbs

By Luke Mullins

Why did the influential CNN business anchor undergo an abrupt metamorphosis from corporate sycophant to fire-breathing populist? LUKE MULLINS found the surprising answer in Rupert, the hardscrabble Idaho town where Dobbs grew up. READ MORE

 

What's in a Name?

By Mark Montgomery

Watch out for "Ecological" Economics. READ MORE



The Ties That Bind

By Evan Sparks

Neckties are worthwhile precisely because they are superfluous. READ MORE

FROM THE MAGAZINE

The American Interview

Intel chairman Craig Barrett says America’s global economic dominance is threatened from within. READ MORE

Want to Control Spending?

By Jim Payne

Give taxpayers a voice in government. If the federal government were as good at saving taxpayer money as it is at spending it, we'd all be better off. READ MORE




OJ Nearly Makes a Killing

By James Lileks

Fox backs away, not a moment too soon. READ MORE

Political Vertigo in the United Kingdom

By Jurgen Reinhoudt

What do "Left" and "Right" still mean in British politics? READ MORE


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China's New Scramble for Africa

By Jennifer Brea

The Chinese are looking at Africa as a business opportunity, not a charity case. America should pay attention. READ MORE

Remembering Robert Altman

By Shaun K. Chang

The late director had an unusual gift, maintaining artistic independence inside the studio system. READ MORE


From the Magazine

Rwanda Redux

By Mauro De Lorenzo

A decade after the genocide, Rwanda, with help from two Chicago financiers, has been spreading the idea that it’s a good place to do business, not just a place for do-gooders to come help. Now, it’s the most improved country in Africa. READ MORE

book review

What Are Women Worth?

By Laura Vanderkam

A new study suggests that Wall Street still has different standards for men and women. READ MORE




An Appreciation

By Allan H. Meltzer

Milton Friedman, 1912-2006. READ MORE

The Class Struggle of Jim Webb

By James K. Glassman

Billed as a moderate, the new Virginia senator sounds more like an old-school leftist. READ MORE


Two Cheers for the FDA

By Gilbert Ross

The recent decision to allow silicone breast implants was a sadly unusual victory of evidence over fear for the agency. READ MORE


 



From Our First Issue:

The Young Economist

By Lizbeth Scordo

Ulrike Malmendier is making sense of our irrationality. READ MORE

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Learning to Love Charlie Rangel

By Duncan Currie

Afraid of or dismayed at the new chairman of the Ways and Means Committee? Rangel has hugged Fidel and compared George Bush with notorious racist Bull Connor, but he may have hidden virtues when it comes to free trade. READ MORE


The Greatest Gift

By Amity Shlaes

What moved Andrew Mellon to give America the National Gallery? READ MORE


Redskins

The Economics of Football

By Kevin Hassett

The performance gap between the Washington Redskins and the New England Patriots illustrates basic economic principles. READ MORE

See the full TABLE OF CONTENTS

 




Why Zune Won't Play for Sure

By Timothy B. Lee

Microsoft's new music player shows that we need to reform digital copyright law. READ MORE

A Starting Point for Sarbox Reform

By James C. (Tad) Howard

Now that the dust has settled, it's time to clean up the regulatory mess left by the hasty passage of Sarbanes-Oxley. READ MORE


Book Review

Shoulda, Coulda, Woulda

By Catherine Rampell

A new look at the motivational speaking industry shares the faults of its subject. READ MORE

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