“Ordem e Progresso“--Order and Progress--has been the motto on the Brazilian flag since the country became a republic in 1889. The words are taken directly from the writings of Auguste Comte.
Regular readers of this website know that the various writers who have recently appeared have not been kind to the economic “program” (if one can call it that) which has come forth from the George W. Bush administration. As the markets continue to wallow in bear territory, and as consumer--and, more important, investor--confidence falls, writers and commentators of all stripes have weighed in to give their two cents’ worth.
In aiding drought-striken Canadian farmers, insurance providers can succeed where the state has failed. It is but a bit more evidence that private enterprise is more productive than the central planning of any government program, even those designed to create rain.
The same politicians who cannot remember the names of major corporations pretend to understand accounting while they are preening before the television cameras, writes James Sheehan. If these solons really knew how misleading corporate accounting was, surely they would have acted to correct the problem before now.
