Archive for December, 2009

New York Nannies

A Nanny is defined as a child’s nurse. The traditional New york nanny was a servant in a large household and reported directly to the lady of the house. New york Nannies were always females and this remained the case through most of the 20th Century. Today a few men do hold the role, although [...]

Understanding the Importance of Investment: the Ill Fate Without Public Investments

Perhaps no other critic in the history of political economy has been more debated than Francis Fukuyama, who wrote the seminal work The End of History. Fukuyama theorized that the United States economy was the veritable “end of history”, meaning, it was the final frontier. There were no alternatives, no other meaningful channels of social [...]