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Curbing short-selling is shooting the messenger

Towards the end of February, the Securities and Exchange Commission (SEC) voted, by a 3-to-2 margin, to restrict the “short-selling” of stocks when they are declining rapidly. This is the result of fear on the part of regulators that the process of deleveraging could get out of control. But it only puts ...

St. Patrick’s Day in New York

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Today is St. Patrick’s Day, which means that Manhattan was a sea of green for the parade.

It’s claimed that New York’s parade is the world’s largest for St. Patty’s, with about 150,000 marchers and 2 million spectators (ie, ...

Did I mention that JihadJane is from the suburbs?

You’ve probably heard of JihadJane, the internet name of Colleen R. LaRose.

JihadJane is an American woman who is accused of joining with Islamic militants overseas and plotting to kill the Swedish cartoonist who drew Mohammed’s head on the body of a dog. Her arrest by federal prosecutors sent ripple waves across ...

Tiger Woods is a golfer. Let him golf

Tiger Woods has announced that he will return to golf at the Masters in April. This has led a number of commentators to question his decision.

Mike Walker at golf.com says the Masters is “sports at its best” while the Tiger saga is “sports at its worst”, and the Masters is likely to suffer ...

The Pacific starts

 

(Video: The Pacific trailer)

HBO aired the premiere of its new ten-part series, The Pacific, last night.

It was, as the network says, an “event”. The Pacific ...

Restoring teacher authority

Guest Post by Alex Standish

Good teaching is essential to learning, yet interference by politicians, policymakers and business in schools has undermined the authority of teachers. We need to value the transfer of knowledge for its own sake and give teachers the freedom to educate.

Elizabeth Green’s recent article the New York Times Magazine (“Building ...

The New York taxicab rip-off

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New York’s yellow taxicabs are iconic. So iconic, that I put one up on my blog’s masthead.

But news arrived this weekend of a “mind-boggling rip-off” in which cabbies were found price-gouging customers over the past two years – to the tune of ...

Iraq: no self-determination, no democracy

Earlier this week, American commentators from across the political spectrum praised the Iraqi parliamentary elections. Some 60 to 65 percent turned out to vote, in some cases in defiance of bombs. The official results have yet to be announced. 

The Iraqi people should be commended for their determination to make the best of a bad ...

Childe Hassam redux

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When I saw rows and rows of American flags flying on Fifth Avenue in Manhattan the other day I was reminded of  the flag paintings of the American impressionist artist Childe Hassam, made from 1916 onwards. Here ...

This week’s articles of note

“Obama’s lost year,” The New Yorker, by George Packer [abstract; full article requires subscription]

“An exceptional debate,” National Review, by Richard Lowry and Ramesh Ponnuru

“Man versus Afghanistan,” The Atlantic, by Robert D. Kaplan

“China’s economic rise is truly glorious,” Real Clear Markets, by John Tamny

“What is the ...

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