Adam Smith Defenders Reframe the Father of Economics
Analysts argue Smith is not a laissez faire idol but a nuanced thinker whose ideas on self interest and the common good shaped liberal and conservative thought alike. They cite his sympathy for public works and taxation of luxury to aid the poor, and his defense of national defense as a government priority.
MENTIONED IN THIS ARTICLE
Adam Smith
Reagan
Smith
James Buchanan
George Mason University
Robert Nozick
Harvard
Gordon Gekko
Wall Street
Church
University
Empire
Paul Samuelson
MIT
Eamonn Butler
Adam Smith Institute
London
Stocks of local interest update note
Local stock interest brief notes that a market wrapup will be published in Saturday's Journal-World after dialing the local quote lines for the latest figures.
MENTIONED IN THIS ARTICLE
Journal-World
Midland Elevator Midland Wheat and Livestock Quotes
Morning market notes from Midland Elevator Lawrence list wheat at 3.67 a bushel, corn 2.88, milo 4.71 and soybeans 36.78. Osana Nea markets show Monday quotes for hogs and cattle with mixed price declines and gains across U S hogs, sows, cattle and calves, with steers and heifers varying by weight and grade.
MENTIONED IN THIS ARTICLE
Midland
Lawrence
Osana
Nea
Omaha
U.S
U S presses Japan for concessions in trade talks
U S Treasury Secretary Lloyd Bentsen warned Japan Sunday that failure to concede in framework trade talks could push Washington to pursue other measures to address the large trade imbalance. He met with Prime Minister Hosokawa and Finance Minister Fujii in Tokyo with a personal message from President Clinton noting limited progress over six months. Debut Chey vd Kassias feedlot sales show very slow demand with few slaughter cattle confirmed.
MENTIONED IN THIS ARTICLE
Tokyo
Treasury
Lloyd Bentsen
Washington
United States
Japan
Bentsen
Morihiro Hosokawa
Hirohisa Fujii
Clinton
Kassias
Theory: Interest rates to stay low Bond market retreat is a myth
The article reports that a minority of economists believe rates will keep falling, defying consensus. Despite a decade of declines and a modest rise in rates, these analysts argue room remains for further decreases, predicting long-term yields could fall toward 4 percent on 30-year Treasuries before 2000.
MENTIONED IN THIS ARTICLE
Wall Street
Treasury
Richard Hokenson
Donaldson, Lufkin & Jenrette Securities Corp
Mitchell Held
Smith Barney Shearson Inc
Hokenson
U.S
Held
Bond bulls forecast 4 percent 30-year Treasury yield by 2000
Economists challenge fears of rising rates arguing inflation remains tame and demand for long bonds stays firm. Hokenson foresees 4 percent 30-year yields by 2000 while Held and Yardeni caution that Fed tightening is unlikely before inflation cools further.
Lease change won’t alter Riverfront Plaza operations
The Riverfront Plaza lease will be assigned to Chelsea GCA Realty Partnership in a formal consent item. City approval is required due to industrial revenue bonds issued for the mall, which opened in 1990. Chelsea GCA Realty is the merger of The Chelsea Group and Ginsburg Craig Associates and trades on the NYSE. The mall’s management remains unchanged. only the lessee name shifts.
MENTIONED IN THIS ARTICLE
Riverfront
Lawrence Riverfront Plaza
City of
Lawrence
City Hall
Chelsea Gca Realty Partnership
Michele Rothstein
Chelsea Gca Realty
Chelsea Group
Rosemont
N.J
Ginsburg Craig Associates
Newport Beach
Calif
David Longhurst
Riverfront Plaza
Rothstein
Tanger Factory
North Lawrence
East Lawrence
Kansas Turnpike
Chelsea
New York Stock Exchange
Tokyo stocks plunge on political turmoil fears
Japanese shares tumbled as political turmoil fueled by Morihiro Hosokawa's electoral reform setback spooked investors. The Nikkei 225 fell 954.19 points to 18,353.24 amid one way selling, with March futures unable to start, while overseas markets echoed the decline.
MENTIONED IN THIS ARTICLE
Tokyo
Robert Sasaki
Jardine Fleming Securities
Morihiro Hosokawa
London
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