“The postal department does indeed undertake a lot of thankless work an...” — Sucheta Dalal Quote

The postal department does indeed undertake a lot of thankless work and is forced to provide services below cost for bookpost and the like. The answer may lie in some form of a universal service obligation fund, not price-fixing.

Sure, investors do tend to overreact, but they are investing real money based on doubtful information. Complacency or a wrong move sees their money literally vanish into thin air.

Economic liberalisation has seen a big and often well-deserved spurt in executive compensation, especially for professional managers.

In the informal hierarchy of the information media, the printed word is still considered the most credible. I am not quite sure why this is so, because television allows you to witness the unfolding of events yourself.

Israel's middle class is paying for those below it, and that's fine, but also for those who are above it, and that's very wrong.

Given the relativity concept, poverty cannot be eliminated. Indeed, an economic upturn with a broad improvement in household income does not guarantee a decrease in the size of the poor population, especially when the income growth of households below the poverty line is less promising than the overall.

The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses.

Democracy is a bundle of rights and freedoms wrestled from the powerful. Our rulers only surrender their power when compelled to - when the cost of resisting pressure from below becomes greater than the cost of giving ground to it.