The Worden Report
Friday, October 12, 2012

2012 Nobel Peace Prize Winner: The European Union

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In the modern world of organizations and the members who inhabit them, it perhaps makes sense that the Nobel peace prize would go to a gove...
Thursday, October 11, 2012

A "Bronx Upbringing" Out-of-State: Tolerance in a Federal Empire

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Typically, the American empire is assumed to refer to the hegemony of the U.S. in the world. “Imperialism,” in other words, is thought to ...
Wednesday, October 10, 2012

Conflicts of Interest: Relying on a Wall Street Bank’s Safeguards

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In October 2012 the Wall Street Journal reported, “the Financial Industry Regulatory Authority is examining how major investment banks and...
Sunday, October 7, 2012

A Separate “Eurozone” Budget: Two-Track Federalism

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A separate E.U. budget of €20 billion, 0.2 percent of the GDP in the “eurozone” of the E.U., was proposed in the midst of the debt crisis...

Homer on Heroic Leadership in Business

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Can a merchant be a hero?   A manager in the grips of the business-leadership fad, which began in the 1980s, might reply, “yes, of course....
Monday, October 1, 2012

Different Unemployment Rates in E.U. States: Stretching Federalism Too Far?

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For August 2012, the unemployment rate in the E.U. was 10.5 percent, which translates into 25 million Europeans without a job. In the U.S.,...
Monday, September 24, 2012

Poor States in the U.S. and E.U.: A Drawback of Federalism

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The state-debt crisis in the E.U. has had the unfortunate effect of exacerbating the prejudice in the northern states against the poorer so...
Wednesday, September 19, 2012

Report on the Future of Europe: Federalism and Democracy

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The report of the Future of Europe Group, released on 17 September 2012, warrants careful consideration by E.U. citizens and their state ...
Tuesday, September 18, 2012

Barroso's State of the Union: Is the E.U. a Political Union?

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On September 12, 2012, President Barroso delivered his State of the Union Address. His depiction of the E.U. itself can be regarded as bl...
Friday, September 14, 2012

Bailouts, Bond-Buying: E.U. Plows Ahead!

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On September 12, 2012, a psychological threshold was reached in the E.U. on the way toward “ever closer union.” That is to say, at the end ...
Wednesday, September 12, 2012

Should Catalonia Be a New E.U. State?

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                                      Catalons rally in favor of secession from the state of Spain.      Globalpost.com A crowd estimat...
Sunday, September 9, 2012

Should Entitlement Programs Be Cut?

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If human beings have survival among our inalienable rights as citizens for whom both rights and duties apply, then we as a society must g...
Thursday, September 6, 2012

ECB Bond-Buying: Democracy Deficit

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In September 2012, the European Central Bank unveiled the Outright Monetary Transactions program in which the central bank would purchase b...

Aid to Egypt vs. Paying Down Debt

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The debt of the U.S. Government—some $16 trillion in 2012—can be difficult even to grasp conceptually. One does not run into a trillion of ...
Wednesday, September 5, 2012

Facebook Holds Employees to Declining Stock

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With Facebook’s stock trading at $17.73 a share just after Labor Day 2012, down more than half from the IPO issue-price of $38, further dow...
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