The Worden Report
Wednesday, May 23, 2018

The U.S. Federal Reserve as a Regulatory Agency

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According to the Wall Street Journal, the Federal Reserve “has operated almost entirely behind closed doors as it rewrites the rule book go...

UN’s General Assembly as Nonbinding on Syria

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According to the New York Times, “In a powerful rebuke to Syria’s government, the United Nations General Assembly voted overwhelmingly on [...

Limiting Bank Size: Crude But Advisable

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In February 2012, Tyler Cowen claimed in the New York Times that people across the political spectrum were “talking about splitting up Amer...
Friday, May 18, 2018

Naked Royalty: Prince Harry and the Sun

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In publishing naked pictures of Prince Harry on holiday in Nevada, the Sun in Britain ignored the warning from the press watchdog that ha...

Losing the Middle Class: An Educational-Industrial Policy

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Beneath the headlines showing new figures on unemployment (which do not include the unemployed who are no longer looking for work or applyi...

Frank Lloyd Wright: A Modern Renaissance Man

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Perhaps no greater Renaissance man has been cited in American history than Thomas Jefferson. He wrote on the native plants of his country, ...
Saturday, May 12, 2018

On Leveraging the U.S. Debt Ceiling: How the Market Mechanism Handles Trust

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On May 9 2011, U.S. House Speaker Boehner insisted “ on trillions of dollars in spending cuts, and no tax increases, as the price for roun...

Strategic Thinking Beyond the Business Plan

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“When smart people came up with ideas for well-conceived business opportunities, we said go for it. As always, organizational charts, mana...

The Financial Crisis of 2008: On the Role of Negligence Breaching Fiduciary Obligation

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Roger Lowenstein laments that “New York Times columnist Joe Nocera lamented that ‘Wall Street bigwigs whose firms took unconscionable risk...

The Electoral College Electing the U.S. President: A Check on Excess Democracy at the Empire Level

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As a delegate in the U.S. constitutional convention, Governeur Morris stated on July 19, 1787 that the proposed National Executive (i.e. t...
Friday, May 11, 2018

Malignant Narcissism in the Porn Industry: A Case of Flaccid Industry Self-Regulation

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In early February, 2011, the Los Angeles city council voted unanimously to draft an ordinance that would require condoms to be used on the ...

A World Eschew: National Sovereignty Eclipsing Climate Change

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U.S. President Obama announced after he left the UN global climate conference at Copenhagen in 2009 that five major nations—the United Stat...

The U.S. Senate: What Is It Really?

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In 1928, the Senate stopped the bill that would have given WWI vets their bonus then rather than in 1946.  Mass protests for weeks by thous...

On the Virtue of a Constitutional Moment: Reassessing the American System of Government

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A constitutional moment engaging the citizenry is urgently needed with respect to the system of government in the United States. In short, ...

Duplicity in International Affairs and Eclipsed Democracy: The Case of Afghanistan

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Abdullah Abdullah withdrew on November 1, 2009 from the runoff election in Afghanistan.   Interestingly, Hilary Clinton and a spokesman for...
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