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Economic Statistics Explode Fantasies About Immigration
Several surveys about immigrants show that the French economy gets more out of immigrants than immigrants themselves receive. They might even have “absorbed” the social shock of the crisis.

A Tour of the Savage City With TJ English
The writer TJ English has just published “Savage City: Race, Murder and a Generation on the Edge.” On one level it is the story of three men living in …

Obama’s Reset: Arab Spring or Same Old Thing?
President Barack Obama in the Blue Room of the White House standing with, from left, Vice President Joe Biden, Ambassador Ryan Crocker, Secretary of Defense Robert Gates and General …

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New York Investigates Banks’ Role in Financial Crisis
The New York attorney general has requested information and documents in recent weeks from three major Wall Street banks about their mortgage securities operations during the credit boom, indicating …

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Doha Goes on Life Support
The impasse continues in the WTO's Doha negotiations, to the point that even the relentlessly optimistic Secretary General Pascal Lamy, after another deadline-driven search for concessions, admitted that there …

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Tea Partiers March to Lobbyists’ Tune
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What a Public Bank Could Mean for California
California State Capitol, Sacramento. (Photo: Willem van Bergen) California is the eighth largest economy in the world, and it has a debt burden to match. The state …

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US Government Hits Debt Ceiling, Lighting 11-Week Fuse
Treasury Secretary Timothy Geithner informed Congress on Monday that the United States has reached its legal debt limit, setting off a ticking time bomb that could explode in less …

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Strong Unions: The Worst Nightmare for the Financial Elite
Protesters in Madison, Wisconsin, February 19th, 2011. (Photo: ra_hurd) The antiunion movement in the United States keeps us underpaid and represents a serious impediment to economic growth. …

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The Battle Is Squared, and Why We Need Budget Jujitsu
Technically, the federal government has now reached the limit of its capacity to borrow money. Raising the debt ceiling used to be a technical adjustment, made almost …