Saturday, September 24, 2005


Quiet Progress

Oh. The IMF predicts higher growth here for Chile of 5.8 and 5.9 percent over the next two years. That's jobs and businesses, realized ambitions, upward mobility and a feeling of hope, and tax revenue to support the least among them. The quiet rewards of capitalism.

The Tel Aviv stock market will be up 15% by the end of the year according to this report. In the midst of an undeclared war, well, actually a declared war in Arabic. More quiet rewards of capitalism, free movement of capital and labor (well, labor that doesn't have bombs strapped on it).

And in Singapore, where the number of cars allowed on the cramped roads is limited, so that taxis are run 24 hours a day (not by the same driver, of course), they're lowering the license fee and wising up to the value of used cars, as described here. More quiet progress.

Much of the world is not going to hell in a handbasket. It's emulating heaven through faith and steady hard work. And all of that effort worldwide, slow, hard won and easily lost, is worthy of protection from what would threaten it.


<< Home

This page is powered by Blogger. Isn't yours?