Page by page, section by section, the influence of the New York Times is fading away,I'm merely pointing out that the medium has to be appropriate for the message Five years ago, you had to be really selective about what you took in, but at least it was possible to know what you didn't know,This strategy works best for large groups, where hitting a home run with half the audience is probably worth the journey
Instead, we are treated to fine hypocritical spectacles, which now more than ever seem in ample supply: the critic of American materialism with a Southampton summer home; the publisher of radical books who takes his meals in three-star restaurants; the journalist advocating participatory democracy in all phases of life, whose own children are enrolled in private schools.
Economists have been particularly surprised by favorable inflation figures in Britain and the United States, since, conventional measures suggest that both economies, and especially America's, have little productive slack.The most thrilling explanation is, unfortunately, a little defective. Some economists argue that powerful structural changes in the world have upended the old economic models that were based upon the historical link between growth and inflation.
Last year Mitsuo Setoyama, who was then education minister, raised eyebrows when he argued that liberal reforms introduced by the American occupation authorities after World WarII had weakened the "Japanese morality of respect for parents".
