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The Wall Street Journal

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Send, by David Shipley and Will Schwalbe
One of the basic rules of good manners hammered into me at an early age was: Don't impose! If one were to see a famous person in the street, for instance, it would be quite wrong to impose on that person's time and privacy by introducing oneself. It often seems to me that advances in... Read More
Moving jobs overseas can cut a company’s costs. But is it bad for the U.S. economy? Two economists debate the issue.
By TIMOTHY AEPPEL Staff Reporter of THE WALL STREET JOURNAL May 10, 2004; Page R6   Does offshore outsourcing hurt the U.S. economy by draining away jobs and investment, or does it ultimately make the U.S. stronger? Is it a cost-cutting tactic that should be encouraged, or should it be punished in some way? The... Read More
Letter to the Editor
In his Aug. 8 editorial page commentary, "The Real Value of Options," Harvey Golub, the former CEO of American Express, argued that the issuance of stock options should not be treated as an accounting expense because no outlay of corporate cash is required. Profits per share might fall, but total profits should not. This reasoning... Read More
Category Classics
Which superpower is more threatened by its “extractive elites”?
The sources of America’s immigration problems—and a possible solution