Relevant and even prescient commentary on news, politics and the economy.

Open trade

by rdan I have noticed the term “open trade” being used by several notables on their blogs. What does it mean? There is a great reluctance to simply use the term trade, or trade agreement. I assume this is because a shorthand worked better for publication. How is this different from “free trade” or “fair […]

Return to Reagan Era

by reader ilsm Whittle a Beak: Return to Reagan Era Warfare Waste A cronie still in the acquisition business related that the DoD has gone back to using fixed price development contracts. In 1991, the Congress passed a law requiring DoD to use cost plus development contracts with its warfare welfare partners. This was required […]