Word: interestingly
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...otherwise excellent column, Klein made a significant omission. The reason employer-based insurance is failing is not that employees fail to act in their enlightened self-interest or that employers are "slouching away from that responsibility." Costs have risen to the point that most employers cannot afford to provide insurance, and individuals cannot come up with the $27,000 a family must pay on average for annual coverage. The only long-term solution is to eliminate insurance companies through a national single-payer health plan, or "Medicare for all." Without the profit motive and with Medicare's demonstrated efficiency, enough...
...Last year, an old college friend of Kingsmill's, Bret Merriman, suggested they go after Mambo. At that stage interest was high, and Kingsmill thought they'd be priced out. As a successful footwear importer, Merriman, along with the third director, accountant Anthony Woodward, assembled the consortium and invested heavily in it. They wanted Kingsmill as frontman for two reasons. One was his grasp of the surf industry. For three years from 1999, Kingsmill was general manager of beachculture, a retail chain that grew on his watch from eight to 21 stores in Australia and New Zealand...
...sketches and show them to Jennings. "Dare was willing to run with stuff that wasn't going to be commercial," says Mombassa, "because he wanted to make a point." In the Gazal period, when the sensibilities of a board of directors ruled, that idealism faded along with Mombassa's interest...
...resurgence of interest in Keynes also doesn't represent a full return to 1960s-style Keynesianism--the belief, shared by many economists and politicians in those days, that government could tame the business cycle and guarantee good economic times indefinitely...
Easy money was another remedy proposed by Keynes, although he didn't think it alone was enough to end a deep slump. Bernanke's Fed is giving us that too, with short-term interest rates at 1.5% and program after new program to keep cash flowing to banks and businesses...