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Acolytes of Pina Bausch keep her dance in motion

  Berlin / AFP The dance company that legendary German choreographer Pina Bausch, who died in 2009, built into one of the world’s most acclaimed is doing its utmost to foster her moving legacy. Beloved of fellow artists and seen as a visionary by her peers in the dance world, Bausch mixed dance and theatre to produce a tumult of ...

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The Pentagon versus the welfare state

  Any reporter who’s written about the federal budget knows that there’s a surefire solution to every problem. It’s called “fraud, waste and abuse.” You want to end budget deficits? Just eliminate all the “fraud, waste and abuse” in the $4 trillion budget. The same is true for cutting taxes or raising spending. Attacking fraud and waste is virtuous and ...

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A better theory to explain financial bubbles

  What causes asset bubbles? This question is the great white whale of finance theory. We know that asset prices are given to spectacular rises and falls over short periods of time. Answering this question is hugely important, not just for people’s pensions and retirement, but for the whole economy, since crashes in asset prices can leave growth in the ...

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