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“When the world’s productive capacities exceed the buying power of the world’s consumers, every government wants to increase exports and discourage imports. That spells trade war.”
A new Midwest coal plant marketed as a source for cheap, clean energy is expected to raise utility bills and be the largest source of carbon dioxide in a quarter century, says The Chicago Tribune.
“Though Iranian officials have only just now designated the mullet as a form of ‘Western cultural invasion,’ the haircut has always been with us.” Slate gives a history of the hairdo.
“Plato imagined philosopher-kings guarding his utopia. Here in Aspen, we have Bill Gates.” The Atlantic says Gates’ unique solutions to global problems were on display at the Aspen Ideas Festival.