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A quick look at Bloomberg News's opinion section

March 7, 2013 For more, visit
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www.bloomberg.com/view

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FROM THE EDITORS

Military: "Blinking for the first time since budget sequestration went into effect last week, House Republicans want to restore $10 billion to a category of Defense Department spending that few Americans probably know exists: 'operations and maintenance.' Budgeting wonks know better."


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Europe: "It was plausible until recently to think that the European Parliament, the directly elected arm of the European Union's system of government, was created mainly for comic effect. Not any longer. The parliament's assertion of power over the regulation of bankers' pay has shown that Europe's legislature now matters, as it should."


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COMMENTARY

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Edward Glaeser

Yahoo Chief Executive Officer Marissa Mayer's recent ban on telecommuting "makes a larger point: Technological progress makes face-to-face contact more, not less, important. A complicated world needs personal interactions, and the cities that enable those interactions, to promote innovation."
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Caroline Baum

"Unless the Fed acknowledges that a credit-fueled asset bubble was responsible for the current malaise, it is doomed to sow the seeds of the next one."
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Megan Greene

"Portugal is the euro area's clearest example of how austerity is killing the patient, with the ill effects of counterproductive fiscal retrenchment unfolding before our eyes."

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Jonathan Mahler

"In the sweaty, macho world of professional sports, the NFL sets the standard for homophobia. It's North America's only major professional league that has yet to fine, suspend or even reprimand one of its players for uttering an anti-gay slur."
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Dan Schnur

"Whether or not Sheryl Sandberg, the chief operating officer of Facebook Inc. (FB), eventually decides to run for political office, she has learned over the past week or two what an unforgiving world she might face if she ever hits the campaign trail."
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Yukon Huang & Clare Lynch

"China's large pool of surplus labor has fueled its rapid industrial growth. Now this 'demographic dividend' may be almost exhausted, and its economy reaching its Lewis turning point: a shift named after the Nobel prize-winning Arthur Lewis, who was the first to describe how poor economies can develop by transferring surplus labor from agriculture to the more productive industrial sector until the point when surplus labor disappears, wages begin to rise and growth slows."

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FROM THE BLOGS

The Ticker

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Josh Barro on the purpose of the Paul Ryan budget
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Echoes

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Benn Steil on how dollar diplomacy helped topple the British Empire
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World View

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Leonid Bershidsky on acid, mafia and scandal at Russia's Bolshoi Ballet
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SHARE THE VIEW

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