Business picks from elsewhere, Thursday 15 March

Out opinion on their opinion: American driving, Goldman Sachs, and the New York Times.

1. Discovering Greed (Schumpeter)

Mr Smith may suffer from his own willingness to swallow Goldman’s propaganda, writes Schumpeter.

2. As gas prices soar, US driving habits shift, but slowly (Washington Post)

Americans are altering their driving habits, writes Brad Plumer.

3. New York Times pay structure isn’t fit to print (Reuters)

 The paper rewards its bosses too well, writes Jeffrey Goldfarb.

4. Faux G (Babbage)

Plainspoken truth and meeting expectations is in short supply in the mobile world, writes Babbage.

5.  Americans think private equity is profiteering. But that hasn’t necessarily hurt Romney (Washington Post)

Mitt Romney’s campaign has put private equity under major scrutiny, writes Suzy Khimm.

Americans are changing their driving habits, Getty images
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Word of the week: Michellania


Each week The Staggers will pick a new word to describe our uncharted political and socioeconomic territory. 

After brash Republican presidential nominee Donald Trump paraded his family at the national convention, the word of the week is:

Michellania (n)

A speech made of words and phrases gathered from different sources, such as Michelle Obama speeches and Rick Astley lyrics.

Usage: 

"I listened hard, but all I heard was michellania."

"Can you really tell the difference between all this michellania?"

"This michellania - you couldn't make it up."

Articles to read if you're sick of michellania:

Do you have a suggestion for next week's word? Share it in the form below.