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

Copycat Crime and the Conscience of a “Cultural Conservative” part two

…it would be absurd to subscribe to the author the unintended consequences of an author’s statements without considering the circumstances which surround them. It is, however, equally absurd to pretend that the ideological history of a work’s consequences are entirely extrinsic. — Jürgen Habermas With all its limitations and distortions, democratic tolerance is under all circumstances […]

Preventive Drugs in the Last Year of Life

I had thought these types of treatment had gone by the wayside in treatment during the last year of life. According to an Medscape article they have not. “‘Physicians should carefully consider whether the prescribed drugs are likely to achieve their benefit within the patient’s remaining lifetime,’ the authors concluded. The study included 151,201 patients […]

Thinking About Generations

Thinking About Generations Three weeks ago my wife and our daughter and I were in Moscow to celebrate her mother’s 90th birthday (which was on March 10).  Somehow when I woke up today it occurred to me that a man born on the same day could have joined the Soviet army and participated in the […]

Effective Tax Rates

Along with fourth quarter  GDP, corporate profits for the the fourth quarter was also reported.  Profits growth was either quite strong or very weak depending on how you looked at them.  On a year over year basis, after tax profits growth was 11% and appeared to be accelerating. However, on a quarter to quarter basis […]