Land of the free? at izbrano

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Land of the free?

Economist - NO OTHER country puts as much emphasis on “freedom” as the United States. Patrick Henry demanded “liberty or death”. The national anthem calls America “the land of the free”. Great reformers from Abraham Lincoln to Martin Luther King have urged America to live up to its ideal of “freedom”. When a group of French Americanophiles wanted to flatter the United States, they sent the Statue of Liberty.

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Pharmaceuticals - Racing down the pyramid

Economist - FOR many years America has been the heart and soul of the pharmaceuticals business. The adoption of price controls and government-run health systems in Europe, where the industry began, led many drugs firms to pitch their tents in the land of the free market. Keen to encourage innovation and suspicious of [...]

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Will Europe get the America it wants?

Independent - We are dreaming, we Europeans, of Obamaland: a temperate land of sunshine and showers, of soft music and plenitude, of conciliation and concord. We think we caught glimpses of it in July, just fleetingly, behind the garden wall at Number 10; on the steps of the Elysée Palace, and beneath the [...]

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Speculators, Politicians, and Financial Disasters

Commentary - Fueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began to fail. Soon the economic troubles spread beyond real estate. Depression stalked [...]

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