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Tag Archives: Washington Post

Why African women and girls are still manual porters

The Washington Post this morning carries a story on a DC couple who went on safari in Tanzania and then decided to start an NGO to donate bicycles to give relief to the vast number of female manual porters they encountered.  Whether their project fits into the well-populated category of poorly informed good intentions I leave to the readers to judge (although the NGO name is the cringe-inducing Pets Providing Pedals, since one of the…

Posted in Economics principles, In the news, Women and gender | Also tagged 18 Comments

Goldman was hedging–how evil!!!!

According to the Washington Post:

Goldman admits it had reduced its exposure to the overheated U.S. property market and had sought to limit possible losses through a strategy that would make money if home prices fell. It says such “hedging” is a routine part of its business and is intended to moderate risk to the firm, an especially vital function when markets shift violently, as they did in 2008.

The Post puts “hedging” in…

Posted in Economics principles, In the news | Also tagged , 13 Comments