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

Because He Would Never Name N. Gregory Mankiw or R. Glenn Hubbard as Arsonists Screaming for a Fire Hose

Go read Mark Thoma. Because he’s a kinder, gentler human being than I am: The time to stand up to the budget busting was when it happened, and when members of the list had the power to affect policy, not many years later in an article at Politico. Many on the list were either part […]

Japan May Have Reached Point 7

I give up. It was perfectly obvious what was happening at Fukushima on Saturday afternoon, when I posted bullet points at Skippy: there was going to be a major cleanup cost and the live reactors were not salvageable, but nothing fatal to many was loose in the atmosphere yet. Which is why I followed up […]

Tradeoffs, Saltwater Edition

In a perfect world, you use distilled HOH to cool and control a nuclear reactor. In a flawed world, you use potable HOH and hope nothing damages the reactor in the longer term. In an emergency, especially one where potable HOH is going to be in short supply and you are near the coast, you […]

Is the President Reading Angry Bear?

AB, late Thursday: If you want to stop a dictator from killing his people, freeze any of his personal assets that are held out of the country. In cases where the dictator is likely to fall, it sends a clear signal to other countries. (In cases where the dictator is likely to succeed, the worst […]

Economics and Bosses

Peter Dorman at Econospeak, who is smarter and nicer than I am,* boils down the question: [D]o you believe that managers normally make the right decisions over how to run organizations? If you believe that premise, please explain: Why all those great managers of the late 1940s through the mid-1970s ran defined benefit contribution plans, […]

What IR can learn from the NHL

Both Gary and Rebecca cited Marc Lynch recommending “intervening” in Libya: The appropriate comparison is Bosnia or Kosovo, or even Rwanda where a massacre is unfolding on live television and the world is challenged to act. It is time for the United States, NATO, the United Nations and the Arab League to act forcefully to […]

Why There’s Little Inflation, In One Easy Graphic

Ex-food and energy, inflation is at 0.9% for the past twelvemonth. Even if you include those in the longer measure, annual inflation has been 1.7%. (Recall that we paid an average of more than $3.00/gallon for most of the Spring of 2010, for instance.) There is a simple reason “everyone” expected higher numbers: they were […]

Health Care FYI

The quality of the posts at Disruptive Women in Health Care(r) varies widely, but their special issues bring out the best and leave most of the chaff behind. Their latest eBook is Innovation Nation: Recognizing the Benefits of Innovation in Health Care. The PDF (direct link here) collects a series of posts from December, and […]