Articles

  • 1 week ago | thespectator.com | Peter Wood

    Republicans in the House are considering a bill to make major changes in federal student loans for college, and President Trump is floating the idea of making colleges responsible for borrowers who fail to repay. For decades student loans and their repayment are never far the center of controversy, but it wasn’t always that way. I grew up in the era before massive student debt.

  • 1 week ago | thespectator.com | Peter Wood

    Americans are not a naturally gloomy people. We don’t necessarily expect things to go our way, but when they don’t, we can laugh it off. In my part of Vermont there’s a place called Hateful Hill, for example, so-named by stagecoach drivers who had a tough time with the steep road. But Hateful Hill is also a beautiful elevation. Today, even those who don’t “get” Donald Trump need to start seeing the upside.

  • 1 week ago | spectator.com.au | Peter Wood

    Americans are not a naturally gloomy people. We don’t necessarily expect things to go our way, but when they don’t, we can laugh it off. In my part of Vermont there’s a place called Hateful Hill, for example, so-named by stagecoach drivers who had a tough time with the steep road.

  • 3 weeks ago | thespectator.com | Peter Wood

    The Singer Sewing Machine Company is credited – that’s the right word – with popularizing the idea of the installment plan. Starting in 1856, a customer could buy a sewing machine for a very modest down payment and a rather lengthy commitment to further payments. Isaac Singer copied the idea from a piano company, but he turned it into a model of aggressive marketing to the average household.

  • 3 weeks ago | spectator.com.au | Peter Wood

    The Singer Sewing Machine Company is credited – that’s the right word – with popularizing the idea of the installment plan. Starting in 1856, a customer could buy a sewing machine for a very modest down payment and a rather lengthy commitment to further payments. Isaac Singer copied the idea from a piano company, but he turned it into a model of aggressive marketing to the average household.

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