6.15.2006

Wharton on Wal-Mart going upscale

A worthwhile read for Wal-Mart investors. Nothing brilliant, though. A rather pedantic explanation of what Wal-Mart is doing. Nothing that some first-year hack at the New York Times couldn't have done. Certainly nothing to justify the prestige of the Wharton brand.

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Inflation is always and everywhere a progressive phenomenon

Excerpt from a text conversation with a young "democratic socialist": DS: Every time the US has become progressive, the right wi...