War spending and the economy: You say boom, I say ka-boom!
Paul Krugman argues that WWII spending bought America out of the Great Depression. But what about the other side? What happened with military spending in Japan?
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Buying Apple stock? Think twice
Is there anything Apple can’t do? Nine years ago it rescued the music business with the iPod and iTunes. The iPhone (60 million sold and counting) transformed the cellphone business, and the iPad looks like another blockbuster. The company’s design aesthetic permeates consumer products these days, and a growing cult of worshippers (including this magazine at times) treats CEO Steve Jobs as a …
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