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Seven Signs That You Are Being Lied To


Would you know if someone was lying to you? Most of us like to think we would but every once in awhile we have to admit to ourselves that someone has pulled the wool over our eyes.

Private US Group Plans Mars Fly-by
in 2018

Plans are underway for the first manned mission to Mars -- just five years from now. The privately financed fly-by in 2018 would take a man and a woman -- both Americans -- on a modified existing U.S. spacecraft to within 160 kilometers of the surface of the Red Planet, and return them safely to Earth.

Spanish Is Not Only a Language ...

Spanish is not only a language, it is the heart of a culture, religion and history, and a communication tool shared by nearly 500 million people in 21 countries.

Mahjong Mysteries - Ancient Athena on Nintendo 3DS™ eShop Released launched Mahjong Mysteries – Ancient Athena on Nintendo’s eShop service. Accompany the famous adventurer David on his most mysterious mission yet - the one that will change everything!

AC/DC Now on iTunes

Complete Catalog Available Digitally for the First Time; All Tracks Mastered for iTunes

Columbia Records and Apple® announced that AC/DC’s entire catalog is now available digitally for the first time exclusively on the iTunes Store® worldwide ( From their 1976 debut High Voltage to seminal classic Back In Black and 2008 smash hit Black Ice, every one of AC/DC’s 16 studio albums, along with four live albums and three compilation albums, are available for the first time ever on the iTunes Store.

TV and the Internet: A Marriage
Made in Entertainment Heaven

If you have bought a new television lately, the chances are it is a lot smarter than your old one. Smart TVs, also known as connected or hybrid televisions, featuring integrated internet connectivity, currently account for around a third of TV sales in Europe. They are the end point in a huge and rapidly expanding value chain driven by the intensifying convergence of television and the internet.


Cowboy Capitalism ... Cowboy Capitalism:
European Myths,
American Reality

A Book by German reporter Olaf Gersemann, Washington correspondent for Wirtschaftswoche, Germany’s largest economic and business weekly.

"Americans work three jobs just to make ends meet, and unemployment is low only because so many people are in jail." That’s what most European (and many American) pundits believe. While the U.S. economy may create more growth, Europeans think they are better off when it comes to job security, income equality, and other factors. But does European-style "comfy capitalism" really deliver better results than American “cowboy capitalism”?

Olaf Gersemann, a German reporter who came to America, checked the facts and discovered that the common perception in Europe and elsewhere of America's economic model is either wrong or misleading.

The greater market freedoms in the United States create a more flexible, adaptable, and prosperous system than the declining welfare states of Europe. Contrary to what one might expect, continental Europe’s welfare states provide no meaningful advantage compared with America. In clear and accessible terms, Gersemann separates the economic myths from the reality.

Gersemann wrote "Cowboy Capitalism: European Myth, American Reality," a 260-pages book released last September. It is available online at the Cato Institute's bookstore.

Gersemann is the Washington correspondent for Wirtschaftswoche, Germany’s largest economic and business weekly. Before joining Wirtschaftswoche in 1996, he studied economics at Cologne University and Trinity College Dublin and worked for the German financial daily, Handelsblatt. In 2001 Gersemann was awarded the Ludwig Erhard Prize, the most prestigious German economic reporting prize for journalists under the age of 35. He has lived in Washington, D.C., since 1999.


"This is a comprehensive, indeed truly encyclopedic, comparison of economic conditions and policies in the United States with those in Germany, France, and Italy. Gersemann, a German journalist based in the United States, provides detailed evidence to support his devastating rejection of common European fallacies about the American economy. A real treasure trove of thoughtful analysis."

--Milton Friedman, Nobel Laureate in Economics

"Citizens in all Western democracies want to provide more publicly financed welfare than they are willing, privately, to finance by taxes. The result is sluggish economies. In Old Europe the crisis is more acute than in the United States. This book documents the dramatic differences and stresses the proclivity of Europeans to denigrate the American experience rather than to acknowledge their own plight."

--James M. Buchanan, Nobel Laureate in Economics

"Gersemann pulls no punches in debunking prevalent European myths about the American economy. But Cowboy Capitalism is not about trumpeting American superiority; it’s about helping Western European countries achieve the robust growth and job creation their citizens deserve."

--Henry M. Paulson, Jr, Chairman and CEO, Goldman Sachs Group

"This book offers an excellent comparison of U.S. capitalism with the 'social' model of Germany, France, and Italy. It is also a penetrating study of anti-market propaganda. Olaf Gersemann shows that the features of the American model that are attacked most by European critics from both left and right are those which continental Europe actually needs in order to overcome the social problem of high unemployment and to make the European economy more dynamic and competitive. The book displays a rare combination of clarity, passion, and moderation. I highly recommend that this book be widely read on both sides of the Atlantic."

--Leszek Balcerowicz, Former Finance Minister of Poland

"Gersemann combines the accuracy and incisiveness of a scholar with the verve and wit of the best kind of journalist. His readers will be fascinated from the beginning and enlightened by the end."

--Steven Landsburg, author of The Armchair Economist


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