A spunky little dragonfly is flying rings around it, circling closer and closer and finally trying to settle on a certain spot without getting smashed flat. Getting the word out on currency boards. The New York Times profiles Johns Hopkins Professor, Steven Hanke, and his work advising foreign countries in setting up currency- stablizing currency boards. All the academic critiques are about as phony as a three-dollar bill. Still, the critiques far outnumber the defenses.
Most economists view currency boards as last-ditch efforts that can do more harm than good.
Mr. Hanke, who has advised Argentina's government, contends that its economic woes have nothing to do with the board. In defense of English. The New York Times looks at the increasing decline of writing skills and quotes former Johns Hopkins University English professor, Lynn Agress, who runs a business called Business Writing at its Best. The culprits, says Lynn Agress, a former English professor at Johns Hopkins University, are television, the informality of the Internet and schools that sometimes emphasize computing over reading. She and other writing consultants are teaching lawyers, doctors and corporate executives what they may not have learned in school.