4 items from 2011
20 Political Movie Quotes'The Candidate' (1972)
Bill McKay (Robert Redford): [after winning the election] "What do we do now?"
A penal vessel could sate our nation's appetites for reality TV and punishing the amorals – and pay its own way in advertising
Patri Friedman is floating a mad idea. Quite literally. The grandson of the economist Milton Friedman wishes to establish floating cities – sovereign nations, free from such shackles as tax and laws, built on prefab platforms out at sea, in which tens of millions will be living by 2050. This week he secured a second round of investment from the PayPal founder Peter Thiel, who has now donated $1.75m to Friedman's Seasteading Institute.
Back in 2008, shortly after Thiel's first injection of cash, Wired magazine ran a fascinating piece about the idea, including a great potted history of libertarian schemes for independent states at sea, as well as some lively quotes from board members about how a seastead might work ("You get there and a Lithuanian model hands you a rocket-propelled »
- Marina Hyde
European Pressphoto Agency Rupert Murdoch appears before the U.K. Parliament’s Culture, Media and Sport committee.
Rupert Murdoch apologized to victims of phone hacking by employees of his U.K. tabloid News of the World during a session before the U.K. Parliament’s Culture, Media and Sport committee–but the event took an odd turn when someone tried to attack him with what appeared to be a plate of white cream.
Murdoch’s wife, Wendi Deng, jumped from »
- WSJ Staff
How did the financial crash of 2008 happen? This documentary, narrated by Matt Damon, does a good job of explaining a complex story of credit and discredit
"If you're growing, you're not in recession … right?" The speaker is Hank Paulson, the former Us treasury secretary, and, as it happens, the former CEO of Goldman Sachs. In Charles Ferguson's documentary about the great financial crash, Paulson's shrugging remark sums up the attitude of the super-rich banking apparatchiks and their eager political supporters. As long as the bubble's getting bigger, there's no worry about the bubble contracting … right? But that is not what happens to bubbles. In 2008, the pop was heard around the world.
This film is as gripping as any thriller. Aided by some fascinating interviews, Ferguson lays out an awful story. In the 1980s, the markets and financial services were deregulated, and the driving force for this liberalisation was Alan Greenspan, »
- Peter Bradshaw
4 items from 2011
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