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Sunday, June 03, 2012

Today's Feature
Religion and Economic Success in Europe

The distressingly common assumption that Europe's predominantly Catholic nations have always lagged behind its Protestant ones in terms of economic performance is more than just false, writes Luis Francisco Martínez Montes. The focus on religion as a cause of economic failure is a distraction from the debate about what really ails Europe's economy.

Also: Martin Luther and the Eurozone

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Today in History
On June 3, 1965, Major Edward H. White II stepped out of the Gemini 4 space capsule — and became the first American astronaut to walk in space.

Fact of the Day
Throughout history, there have been places where what would seem to be sub-optimal currency areas have stayed together, such as North and South Italy. However, these examples tend to entail large, permanent subsidies from the rich side to the poor side, and a general social willingness to tolerate vast differences — usually because they are both part of the same nation-state. (University of Chicago)

   
Saturday, June 02, 2012
Religion and Economic Success in Europe
Why does the myth persist that Europe's Catholic nations have always been economic slow-growers?
By Luis Francisco Martínez Montes
Friday, June 01, 2012
The Catholic Origins of Globalization
Why do some economists persist in stereotyping Europe's Catholic nations as laggards, when they practically invented what we today call globalization?
By Luis Francisco Martínez Montes
Thursday, May 31, 2012
Financial Capitalism: A Safe Venue for Power Struggles Without Violence
Who still remembers that, before the advent of modern financial capitalism, power was wielded in much starker ways?
By Robert J. Shiller
Wednesday, May 30, 2012
The State of Finance: An Interim Assessment
What can be done so that financial capitalism is a source not of disasters, but of true human progress and democratization?
By Robert J. Shiller
Tuesday, May 29, 2012
Peacekeeping's Busiest Decade
Which decade saw the most peacekeeping missions begin?
By The Globalist
 

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