Quote of the Day

"While we shouldn’t penalize those who’ve done well — in fact, we should continue to reward hard work, creativity and initiative — there’s little for our nation to gain by further concentrating wealth. And there is an enormous amount...

Why Africa cannot trade itself out of poverty

One of the favorite mantras of the neo-cons around the world is "Trade not aid for Africa". They want Africans themselves to trade their way out of poverty, instead of relying on Western aid. How can a continent whose share of the world trade fell from 6% in...