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January 24, 2013 02:02 AM

Why I am not an economist

by Roger Kimball, from Roger's Rules


There seems to be near universal agreement among the economic ┬ácognoscenti that Apple’s glory days are over. After all, its last quarter profit was “only” $13.1 billion, or $13.81 a share. Wailing and gnashing of teeth time, what? Nor is that all. Sales rose–rose!–only–only!–18% to $54.5 billion while “analysts” had projected sales of $54.9 billion. [...]


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( AHR-mah wih-ROOM-kweh)

 

In the Aeneid, the Roman poet Virgil sang of "arms and a man" (Arma virumque cano). Month in and month out, The New Criterion expounds with great clarity and wit on the art, culture, and political controversies of our times. With postings of reviews, essays, links, recs, and news, Armavirumque seeks to continue this mission in accordance with the timetable of the digital age.

 

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