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Jan 1, 2010

The Economist Debate Series

The Economist online

European holidays

Motion: "This house believes that Europeans would be better off with fewer holidays and higher incomes"
Enter this debate

Do Europeans take too many holidays?

Live dates: December 22nd - 31st

Current round: Winner announcement

Dear Reader,

We have a winner in our debate on vacation time. The team arguing against the motion has won the debate convincingly, with 79% against 21% of the votes.

This house does not believe that "Europeans take too much holiday."

The voting record shows the weight of opinion has been consistently 4:1 against the motion from the outset, though the pro team's Robert J Gordon did shift his share of the vote by a few percentage points in the course of the debate. The final vote (and the many laments from the floor by overworked Americans) shows that most readers believe lost income is a price worth paying for extra holidays.

For his part, John de Graaf, arguing against the motion, eloquently made the case that there is more to life than work and money. His argument that Europe has established a better balance between work and leisure was bolstered by the contributions from guest commentators.

Though this debate has now ended, you can still comment on the outcome until midnight tonight.

Look out for details of our next debate, which starts January 11th. In the meantime, let me take this opportunity to wish you a happy and prosperous new year from The Economist.

John O'Sullivan
Debate Moderator
Economics Correspondent
The Economist
Name Surname Moderator Block Moderator
John O'Sullivan
Economics Correspondent, The Economist
Name Surname Moderator Block Defending the motion
Robert J. Gordon
Professor, Social Sciences, Northwestern University
Name Surname Moderator Block Opposing the motion
John de Graaf
Executive director, Take Back Your Time
Current voting
Debate Schedule
December 31st
Winner announcement

MarketWatch: The year Top Stories


 My sincere wishes to all my Audience, Partners, and Collaborators in 2010

Fernando Guzmán Cavero


Weekly Roundup
JANUARY 01, 2010

The year's top stories

By MarketWatch

Here are the 10 most-popular stories that appeared on MarketWatch in 2009:

Four reasons America's drive for a longer life is stuck in neutral

How long can you expect to live? The answer to that tantalizing question tells a lot about the success of a nation -- or the lack of it.
See Marshall Loeb.

Five reasons buying a home in 2009 is a bad idea

The unemployment rate is creeping up and home prices keep falling: Two great reasons why it might be best to put your home buying plans on hold.
See Real Estate.

Five reasons buying a house now is a wise move

People are afraid to buy a home in times like these, with the economy tanking and home prices continuing to fall. But if you're brave enough to stray from the herd, you might be in for the home-buying opportunity of a lifetime.
See Real Estate.

Position yourself now for $300-a-barrel oil

Human beings are a predictable bunch and we tend to wait until things get to a painful crisis mode before taking drastic action. My question is why does it always have to get to that point? Take the most recent run-up of oil prices, when crude hit $147 a barrel and gasoline was trading around $5.
See Trading Strategies.

Seven new tax perks you don't want to miss

In all the hoopla surrounding the current stimulus package, it's easy to forget that other stimulus bill -- the one in 2008 that resulted in a good-sized check for many U.S. taxpayers.
See Tax Watch.

Berkshire's Buffett cops to mistakes, likes long-term horizon

Following Berkshire Hathaway Inc.'s worst year on record, Chairman Warren Buffett told shareholders Saturday that the economy would remain in "shambles" during 2009 and beyond, offering no prediction about the future may hold for U.S. stocks.
See full story.

America's soul is lost, collapse is inevitable

Jack Bogle published "The Battle for the Soul of Capitalism" four years ago. The battle's over. The sequel should be titled: "Capitalism Died a Lost Soul." Worse, we've lost "America's Soul." And, worldwide, the consequences will be catastrophic.
See Paul. B. Farrell.

Six reasons I am calling a bottom and declaring a new bull market

OK, so you're one of millions of investors impatiently waiting on the sidelines, sitting with $2.5 trillion cash under your mattress, waiting for the right moment, that signal screaming: "Bottom's in, start buying!" Yes, it'll go down again, but the bottom's in, thanks to a great March, possibly the third best month since 1950, so it's time to jump back in and buy, buy, buy!
See Paul B. Farrell.

Even Jack Bauer couldn't stop 'The Goldman Conspiracy'

Two mind-numbing fast-paced dramas. Two parallel worlds. One real, one fiction, both deadly. Jack Bauer, mythic hero of "24." Dying from a deadly bio-pathogen leaked from weapons developed by Starkwood, a rogue mercenary army attacking the presidency, hell-bent on taking over America. The other drama in play: "Hank the Hammer" Paulson, iconic Wall Street hero, a Trojan Horse placed inside Washington by Goldman Sachs as Treasury Secretary in control of America's $15 trillion economy. Goldman, a modern dynasty with vast financial powers much like those once used by the de' Medici, Rothschilds and Morgans to control nations.
See Paul B. Farrell.

Obama fails to win Nobel Prize in economics

In a decision as shocking as Friday's surprise peace prize win, President Obama failed to win the Nobel Memorial Prize in Economic Sciences Monday.
See MarketWatch First Take.

Forbes . com: Video Networks Report


 My sincere wishes to all my Audience, Partners, and Collaborators in 2010

Fernando Guzmán Cavero Video Network Reports

Citigroup And Wells Fargo Repay TARP
December 24 2009
After hours: Arena Pharmaceuticals shares fall; Silgan Holdings and Sanofi-Aventis shares rise.

Home Sales Data Lifts World Stocks
December 23 2009
Asia and Europe head higher on last full trading day before Christmas.

Tech Is On The Mend
December 23 2009
After Hours: Red Hat, Tibco and Micron Technology surprise investors; Cintas disappoints.

Ford Slims Down
December 22 2009
Automaker offers buyouts; existing home sales jump.

Stocks Up As OPEC Holds
December 22 2009
Oil cartel wants to focus on quotas; State Street buys into Italian banking.

Take-Two Sells Distribution Unit
December 22 2009
After hours: Jabil Circuit and Navistar beat; Amkor raises guidance.

Google's Tax Windfall
December 21 2009
Yelp walks away from search giant; Intel, Alcoa Upgrade.

Investors Rail Against Eurostar
December 21 2009
European markets head higher but the train service is suspended for a third day.