Education

Kids who compete individually put themselves in stronger positions as individuals.

When kids are rewarded for participation rather than achievement, they don't have a strong sense of what they are good at and what they are not.

Capitalism only works when those who make bad decisions are allowed to fail

A combined Citigroup and Bank of America would have had to shed most of Citigroup's 1,000 U.S. branches and its $249.34 billion in consumer deposits, to stay under a regulatory cap that bars any U.S. bank from an acquisition that would give it more than 10% of the nation's total bank deposits.

Together Citigroup and Bank of America, with its $598.21 billion in deposits as of June 30, would have had nearly 13% of the U.S. total. Bank of America alone holds 9%.

Capitalism only works when those who make bad decisions are allowed to fail or to get out of trouble on their own . Socialism doesn't work because it tries to save people from themselves, thus prolonging the effects of bad decisions and encouraging more bad decisions.

Married people with children

Married people with children tend to be both successful and motivated, precisely the people who make economies go.

They are twice as likely to be in the top 20% of income earners, according to the Census, and their incomes have been rising considerably faster than the national average.

How to resolve the subprime mess?

Establishing partnerships with the borrowers is for the lenders the best way to resolve the subprime mess.

It would stop the constant decline of the real estate market and it would keep assets value.

Alternative energy

There's no shortage of new capital pouring into alternative energy projects these days.

Some experts believe that the word alternative means stuff that nobody actually uses.

If that turns out to be true, then alternative energy companies could struggle for market share without government assistance.

The weak dollar and inflation

Why the weak dollar is not the inflation driver it once was?

Because foreign exporters are so keen to keep U.S. market share that when the dollar weakens, they often lower their prices to keep them constant after the currency effect.

That's especially true when the economy is slowing and consumers are less willing to pay higher prices.

U.S. remains a dynamic society

A new study of income mobility by the Treasury Department shows that the U.S. remains a dynamic society marked by rapid and mostly upward income mobility.

Americans on the bottom rungs of the economic ladder continue to climb into the middle and sometimes upper classes in remarkably short periods of time.

The key point is that the study shows that income mobility in the U.S. works down as well as up-another sign that opportunity and merit continue to drive American success, not accidents of birth.

The "rich" are not the same people over time,

As the Treasury data show, we shouldn't worry about inequality.
We should worry about the people who use inequality as a political club to promote policies that reduce opportunity.