DETROIT: This isn’t the first-time electric vehicles have been popular. In 1914 Clara Ford, Henry Ford’s wife, opted to drive a Model 47 Brougham from Detroit Electric (above photo) instead of her husband’s Model T that had been on the market since 1908. The reason was simple. She didn’t have to turn a crank to start the car and there were no troublesome gears to fiddle … Continue reading Are Electric Vehicles the Future of Driving?
An Architectural Gem BUDAPEST: Approaching the city’s new House of Music, Hungary, the low structure ahead is intriguing, its roof punctuated with what appears to be splotches of gold. Up close the roof hovers like an undulating canvass. The exterior wall is curved translucent glass reflecting trees and passersby. Everywhere on the ceiling and walls a visitor encounters the architect’s whimsical touch, shimmering gold objects that … Continue reading Budapest House of Hungarian Music
Bond vigilantes sell bonds when they think government isn’t doing enough to control inflation. Dumping government bonds sends their prices lower and interest rates higher. Ed Yardeni, who coined the term in 1983, puts it this way, “if the fiscal and monetary authorities won’t regulate the economy, the bond investors will.” In the last week of September Britain got a bitter reminder of what can happen … Continue reading Bond Vigilantes Pounced, the Pound Rolled Over
Barry D. Wood 