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“Banks Won’t Take Care Of (Small) Business”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—7/26/10—Small business is called the great engine of job growth. It isn’t. Not if you’re talking about net growth. On a gross basis, the observation…
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“EmBARRASSOing?”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—7/12/10—Senator John Barrasso of Wyoming is undoubtedly a man of deep convictions and strong moral fiber. He has led a praiseworthy, even exemplary, life. Unfortunately, he…
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“Beware Of Greeks Baring Lips”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—6/28/10—I guess finance is not hip. (Do people still use that expression?) Hips are hip. I got no response to my previous half dozen or…
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“Hip, Hip, Away”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—6/8/10—This column (“Dolors & Sense”) is supposed to be about high finance, but let’s try a bit of lower finance: the economics of hip replacement, which…
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“The Cutting Edge Of Husbandry”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—5/24/10—Perhaps the greatest insight of modern economics is that supply does not create its own demand, as Say’s celebrated law (incorrectly ascribed to Jean-Baptiste Say, circa…
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“Grilling The Wrong Man”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—5/10/10—I must be hallucinating. It wasn’t Lloyd Blankfein, CEO of Goldman Sachs, who was excoriated by Sen. Carl Levin of Michigan on TV last month. Instead,…
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“Loving Wisely; Not Too Well”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—4/26/10—America indulges an Othello-like passion for its banks: It loves them not wisely, but too well. It loves them enough to charge less for a…
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“Putting The ‘Gini’ Back In The Bottle”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—4/12/10—The country’s Gini has gotten too big for its britches. The Gini coefficient, a measure of the inequality of income distribution, has risen from around…
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“The Beginning Of The End”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—3/29/10—Churchill is famous for phrase-making. One of his better, coined after the victory at El-Alemein, is: “This is not the end. It is not even the…
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“Real Deal Or Raw Deal”
Dolors & Sense by Sanford Rose KISSIMMEE, FL—(Weekly Hubris)—3/15/10—Main Street says it’s the next financial disaster; Wall Street says it’s a rich lode that can still be mined. The “it” is the municipal…