UPDATE III: The Daniel Kaufmann of the Kaufmann Governance Institute lays out the details: This misses another huge challenge altogether, totally absent in the reporting by the New York Times and other main outlets: Amy Bishop had walked into the Faculty meeting, and sat quietly for a long while during its proceedings, with a fully […]

Michael Swanwick explains how a monopoly can destroy itself: Nowadays, times are much easier but a lot scammier. Last week I had to buy a new palmbook/laptop. Which, I discovered on my first and only day of possession, was preloaded with Windows 7 Starter, a not-fully-functional OS. When I tried to change the image on […]

by Linda Beale (Rdan here…I thought this case represents another aspect of the complexities of insurance coverage, approved procedures versus experimental, proper diagnosis, and how our medical and societal expectations interact. Many are aware of the topic but many probably have little personal experience with a transgender person. I believe it is jarring enough for […]

by Rebecca Wilder Thoughts on soveriegn debt Today the European Union released a statement about Greece. Absolutely no specifics are given regarding the terms of any Greek bailout, but there was a (slight) surprise: Euro area Member states will take determined and coordinated action, if needed, to safeguard financial stability in the euro area as […]

Chris Christie moves New Jersey into the 17th century: Christie is cutting $475 million in aid to school districts, $62 million in aid to colleges and $12 million to hospital charity care. He is pulling all funding from the department of Public Advocate….He is cutting state subsidies for NJ Transit, a move Christie said could […]

David Wessel goes to a familiar source: One big reason is that his efforts have made borrowing easy for big companies, those that can sell bonds, but not for consumers or smaller firms that rely on banks to borrow. “If you’re a large corporation relying on capital markets, the Fed and Treasury saved you,” says […]

by Tom aka Rusty YES IT CAN GET WORSE – Health Care Edition Business Week, (a Bloomberg publication), has written some friendly advice for the newly minted elite MBAs who cannot get rich quick on Wall Street as is their birthright. No, not Plastics. Health care! MBAs in health care are hardly new, but the […]

While several good people—including several of my wife’s relatives and one of our bloggers—graduated from Pravda-on-the-Chuck, I am saddened to note that their faculty’s efforts in creating the Global Financial Crisis (GFC) has been muted. Such, at least, can be fairly concluded by the nominees and final ballot for The Dynamite Prize in Economics, being […]

The Rude Pundit does what Obama Administration doesn’t have the will to: “United Health Care in Colorado turned down 2-year old Aislin Bates of Denver, Colorado for coverage because they said she was too thin.” … “8-month old Jaxon Thornburgh of Dallas, Texas was denied health insurance because he needed simple therapy to help with […]

I feel like I am living in a “Choose Your Own Adventure” book. What global shock comes next? The air of uncertainty remains. This morning an imminent (but questionably so) bailout is across the news wires. From the WSJ: Germany is considering a plan with its European Union partners to offer Greece and other troubled […]