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

Aetna and CVS Merge

Nearly one year after agreeing to merge in a bid to reinvent healthcare for Americans, CVS Health and Aetna sealed the deal on Wednesday, bringing together one of the nation’s largest pharmacy chains and one of the largest health insurers. CVS Health President and CEO Larry Merlo: “Today marks the start of a new day […]

CSX Slowly being Disassembled by Mantle Ridge Hedge Fund

CSX connects most major U.S. cities east of the Mississippi River. Since 2017, the railroad has laid off 6,000 employees, cut back on capital spending, and slashed the number of trains it runs and discontinued hundreds of the routes it serves. Together CSX and Union Pacific serve major U.S. cities west of the Mississippi River […]

When White America Becomes a Minority

“Announcement of a Looming White Minority Makes Demographers Nervous,” Sabrina Tavernise,  The New York Times.” NYT’s article makes this announcement of White America becoming a minority in the 2040’s like it is new news. It is not. In 2006, I exchanged emails with Joel Garreau about the same topic in his article “300 Million and Counting.” […]

Solow on Friedman’s 1968 Presidential Address and the Medium Run

Mark Thoma had this up on Facebook. and pulled this from Tim Taylor’s Conversable Economist. It is an interesting read. “Fifty years ago in 1968, Milton Friedman’s Presidential Address to the American Economic Association set the stage for battles in macroeconomics that have continued ever since. The legacy of the talk has been important enough […]

More House Speaker Details on Who Will Lead

A Rehash Paul Krugman noted on twitter, this is a group that is “still in the old cringe position, buying into GOP demonization (which happens to any strong Democrat) despite a huge midterm victory.” Cringing at the GOP’s demonization is a tactic that too many Democrats embraced in the past and is what sent so […]

Pelosi Challenging Outdated Norms

From Washington Monthly Nancy LeTourneau On Wednesday some young climate activists joined by newly elected Alexandria Ocasio Cortez held a demonstration at Nancy Pelosi’s office. While we can debate whether it is a smart move to hold such an event at the office of a leader who is on your side as opposed to the […]

The AMA is Calling for a Relaxing of CMC Opioid Prescription Restrictions

A little history: In 1980, the Porter and Jick letter to the editor of the New England Journal of Medicine by the Boston Collaborative Drug Surveillance Program stated: “the risk of addiction was low when opioids such as oxycodone were prescribed for chronic pain.” It was a brief statement by the doctors conducting the study, […]