1
U.S.
North Carolina Fines Duke Energy $25.1 Million
State officials say the fine against Duke Energy over coal ash contamination of groundwater is the largest in state history.
His experience does not legitimate his model of America.
3
Opinion
Getting the Whole World Online
Most of the world’s 7.2 billion people still do not have Internet access, but there is a lot that governments can do to make sure their citizens are not left in the dark.N.Y. / Region
Man Killed in Brooklyn Subway Station by Ex-Correction Officer, Authorities Say
The Metropolitan Transportation Authority said the shooting occurred on the mezzanine level of the Borough Hall station during the evening rush.Travel
Want to Save on Car Rentals? Go Low-Tech
Making a few phone calls can sometimes be as helpful as the latest tech developments in searching for car rental deals.The Upshot
How to Improve Graduation Rates at Community Colleges
A CUNY initiative with an emphasis on advisers shows a lot of promise.
World
Delhi to Delay Release of Air Quality Data
Officials were reluctant to discuss the new policy, which will postpone the release by at least a day, ostensibly to allow the data to be authenticated.
Business Day
The Pepsi Challenge Is Returning, but This Time for the Social Media Generation
The original Pepsi Challenge ad campaign pitted Pepsi against Coke. The new global version blends social responsibility with popular culture.
World
Criminal Trials Rose Sharply in China’s Far West in 2014, Group Says
The rise indicates that the authorities “heightened the suppression of human rights activism and dissent in Xinjiang,” said an advocacy group based in the United States.Sports
Deval Patrick to Assist Bid
Patrick, a former Massachusetts governor, is getting involved in Boston’s bid for the 2024 Summer Olympics.Business Day
A Crusader Against the Common View of the Financial Crisis
Peter J. Wallison argues that government housing policies, not big banks, were primarily responsible for the 2008 financial crisis.
The NCAA women's card is not published. UConn will be there.
Opinion
Memento Mori
I have A.L.S. I can’t protect my wife from grieving because grief is the price we pay for love.
Business Day
In Greece, Desperate Times and Offbeat Measures
Athens is coming up with radical ways to fill its shortfall as it nears a deadline to meet financial obligations, including wiring tourists, students and housekeepers to catch tax evaders."A small part of a much longer interview:
Thomas Piketty on the Euro Zone: 'We Have Created a Monster', Interview by Julia Amalia Heyer and Christoph Pauly: ... SPIEGEL: ... What do mean when you refer to impenetrable political instruments?
Piketty: We may have a common currency for 19 countries, but each of these countries has a different tax system, and fiscal policy was never harmonized in Europe. It can't work. In creating the euro zone, we have created a monster. Before there was a common currency, the countries could simply devalue their currencies to become more competitive. As a member of the euro zone, Greece was barred from using this established and effective concept.
SPIEGEL: You're sounding a little like Alexis Tsipras, who argues that because others are at fault, Greece doesn't have to pay back its own debts.
Piketty: I am neither a member of Syriza nor do I support the party. I am merely trying to analyze the situation in which we find ourselves. And it has become clear that countries cannot reduce their deficits unless the economy grows. It simply doesn't work. We mustn't forget that neither Germany nor France, which were both deeply in debt in 1945, ever fully repaid those debts. Yet precisely these two countries are now telling the Southern Europeans that they have to repay their debts down to the euro. It's historic amnesia! But with dire consequences.
SPIEGEL: So others should now pay for the decades of mismanagement by governments in Athens?
Piketty: It's time for us to think about the young generation of Europeans. For many of them, it is extremely difficult to find work at all. Should we tell them: "Sorry, but your parents and grandparents are the reason you can't find a job?" Do we really want a European model of cross-generational collective punishment? It is this egotism motivated by nationalism that disconcerts me more than anything else today. ..."
No comments:
Post a Comment