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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


WSJ Original article ›
WSJ Original article ›
The Times Original article ›
BBC News Original article ›
WSJ Original article ›
DW.COM Original article ›
WSJ Original article ›
WSJ Original article ›
WSJ Original article ›
The New York Times Original article ›
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New York Times Original article ›
LyrArc Article Gist
One more area where the Obama administration has not acted decisively is the building of high seed rail networks. Spain has plans to invest $140 billion over next 10 years to develop a network of 6200 miles of high speed rail lines.So far the Obama administration has allocated $8 billion, and the whole issue is being put off for another 18 months. Department of Transportation has already received proposals for $100 billion of new high speed rail lines from 40 states.
Wall Street Journal Original article ›
LyrArc Article Gist
This Journal editorial points to the low labor participation rate of 63.2% in the U.S. as indication of the high unemployment in September 2013. About 90.6 million men and women over the age of 16 are not working, compared to total employment of 144.3 million, based on Labor Department statistics. Factors contributing to this are the six million baby boomers turning 65 since 2008, more young people staying in school in a poor job market, easier access to government support benefits such as unemployment insurance, disability.
New York Times Original article ›
LyrArc Article Gist
Schmemann ponders over the situation in Spain with Catalonia and Scotland with Britain, where national identity arouses pride and there is a strong sentiment for autonomy or independence. He says the situation in Slovakia which sought its own identity and separated from Czechoslovakia, but sought an otherwise peaceful status in the EU, should not be confused with the nationalism that has aroused conflicts in other regions and periods. He puts Scots interest in autonomy or independence in this light, as simply seeking its own future in the EU, with closer attention being paid to the local interests in Scotland.
Economist Original article ›
LyrArc Article Gist
Portugal's new drug policy that emphasizes treatment over criminal prosecution for possession of drugs. To be clear police stop and confiscate any drugs found and drugs are still illegal. Its only that instead of sending offendors to court and jail, the offendors are sent for treatment and community work, and assigned to dissuasion teams consisting of team of psychologists and social workers who work to keep recreational users from getting addicited and help with treatment for others. The Economist reports that this approach is producing better results than the previous system that empasized judicial processes and criminalization for drug use.
New York Times Original article ›
LyrArc Article Gist
The public option as anecessary step for effective cost control in healthcare in the USA. The potential for higher healthcare costs in the future gutting the whole effort to provide universal health care if there isn't the money to pay for it. Which means that if the public option brings costs down its anessential part of any healthcare program that is sustainable years from now. Krugman calls for audacity from the President.
New York Times Original article ›
DW.COM Original article ›
LyrArc Article Gist
The U.S. commander in Europe, Lt. Gen. Ben Hodges, says Russia respects strength, and the U.S. must add capability in this situation where Russia is no longer a partner with the U.S. and Europe as it appeared to be previously. He sees the U.S. as ready to meet all its commitments and protecting democracy. He also says Twitter is not the best way to communicate policy as president Trump does, and that he receives his instructions through the chain of command.

Not More of the Same

New York Times Original article ›
LyrArc Article Gist
John Taylor, says Obama and Alan Krueger (Obama's new head of the U.S. Council of Economic Advisors), said some of the same things in early September, 2011, that were part of Obama's old plan to revive the U.S. economy. And the old plan has failed to produce results. The part that puts construction crews to work on the roads, railways and airports was tried earlier in the stimulus plan. Because of a lack of showel ready projects, and the state governments putting most of the money in their state coffers, this only increased infrastructure by a miniscule 0.05 percent of GDP, according to research by Taylor and John Cogan. Taylor's sees the moves by the Obama administration and the Bernanke Fed as not only being ineffective, but having the opposite effect of lowering investment and consumption demand through increased concerns about the federal debt, another financial crisis or the risk of inflation or deflation. The U.S. private sector has the money to make the investments that create jobs but their concerns have led to holding back. Taylor points to the need for a comprehensive economic strategy to replace these temporary interventions. The debt limit agreement of 2011 is a part of this strategy, and he agrees with reducing spending in a gradual way in a weak economy. The other parts of this strategy he says are entitlement reform, tax reform, regulatory reform, monetary reform, including a reappraisal of the role of government in the economy. This should lead to a more stable and predictable economic environment and reduced uncertainty about the future, which is critical to improving supply and demand....
The Guardian Original article ›
LyrArc Article Gist
As with so much in life too much of anything is bad. Obsession for dealing with inequality without grasping the potential of new technology and people with skills, has hurt both China and India, with both moving to correct this in the last 20 years. Allowing too much inequality disturbs the balance in society damaging democratic processes and creating new dangers for democratic processes.  Today Piketty, and other Western and Asian leaders are presenting the argument for fairer societies principally because this is the only way to generate the kind of cycle for growth seen after the second  world war in the 1940's, 1950's and 1960's  following FDR and Truman, De Gaulle and Adenauer. At some point the curve for growth simply drops with extreme disparities in society- something that happened with disastrous consequences in the history of China and India in the 1500's and the long descent into colonial or semi-colonial rule. That pattern is documented in Adam Smith's Wealth of Nations. And it is a drop no nation or society would want to repeat because of the immense suffering, and the decline of Asian societies in a social and cultural sense, leading to a closed outlook to science in general and knowledge accumulation behaviours based on scientific observation of Nature over the course of the 17th to 19th century.  Some traces of this in the early stages are evident in the US and Europe which is why all well meaning people and people of goodwill for their countries seek a way out of this endless fracturing, the rural-urban divide, the society blind and morally neutral views of tech, and the starving of resources which benefit the broad segments of society for infrastructure, health and education through the misallocation of resources to other places. In the long run what is important is not the long theories which can fail, but to "Just Do," follow good common sense, do the right thing as Modi has done for women in essentials such as water, toilets, cooking gas, digital bank accounts, dignity, safety, access to education. And what Xi is attempting to do for Common Prosperity in China. And what Biden and Scholz are setting out to do in the US and Germany. ...
Wall Street Journal Original article ›
LyrArc Article Gist
A 10 month long study by the National Highway Traffic Safety Administration and the National Aeronautics and Space Administration says the electronics was not to blame for the unintended acceleration. It said there were three causes for this- sticky accelerator pedals and floor mats that trapped the throttle in an open position, and drivers hitting the gas pedal when they thought they were hitting the brake. The NHTSA describes the last cause as "pedal misapplication." By clearing the car's electronics this removes an apprehension about this critical area in modern cars, which increasingly use information technology and electronics in every area. It also reduces the potential for large lawsuits. This also improves the prospects for Toyota to recover lost market share with its newly redesigned Camry and RAV4 vehicles.
Wall Street Journal Original article ›
LyrArc Article Gist
McGurn reminds readers that LBJ's war on poverty started not from a inner city area but from a poor white home in Martin County, eastern Kentucky. This has fostered the same degree of dependency in Martin County, eastern Kentucky, as it has in inner cities in the U.S., says McGurn. He also compares South Korea in the sixties, emerging from years of neglect under Japanese occupation and following this with the devastation of the Korean War, and pulling itself up in the next three decades to the point where it is a modernized economy with high living standards. Strong families, education, a strong work ethic, are vitally needed ingredients for building strong communities. Economic opportunity is another ingredient. In Baltimore the loss of the steel industry, and in Martin County the loss of jobs in coal mining, have reduced economic opportunities. How to put all the ingredients together is the challenge for decisionmakers.
The Times Original article ›
LyrArc Article Gist
The chaotic nature of the national lockdown announcement in Britain with Health Secretary Hancock pushing for a national lockdown and prime minister Boris Johnson's hesitation for 2 weeks. The Chief Medical Officer Mr. Chris Whitty told a top level meeting of ministers that the NHS could be overwhelmed by the first week of December and warned of 4000 deaths a day, if a lockdown did not take place. Tory backbenchers continued to resist but the prime minister had no other option but to call for the lockdown. The fact that Germany and France decided on a national lockdown gives Boris Johnson the cover he needed in his own party.

The Guardian Original article ›
LyrArc Article Gist
The OBR in Britain says living standards growth is wiped out by the austerity budget of Mr. Sunak. This story in The Guardian points to this as Mr. Hunt states he has not ducked the tough decisions ignoring the impact on ordinary British people.

The Guardian Original article ›

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