Greg Mankiw makes an interesting point. Two-thirds of doctoral candidates in science and engineering in U.S. universities are foreign-born. But only 140,000 employment-based green cards are available annually, and 1 million educated professionals are waiting — often five or more years — for cards. Congress could quickly add a zero to the number available, thereby […]

If strong money supply growth is such a problem, why does the stock market like it so much?

Hat tip Naked Capitalism for this link to PhysOrg. “Firms from rural areas are less likely to conduct a follow-on offering, even after adjusting for firm size, prior stock returns, book-to-market ratios, and other factors,” the authors conclude. “Geographic location is closely related to information asymmetries.” Is this accurate to a significant degree? If so, […]

by reader Tinman Here’s the NYT Internet “headline” of Obama “Shifting stand…” Yet here’s a pic of the actual print version! So what is it NYT? Is he “shifting” or “reversing”?! I love how the MSM is saying he’s abandoning his pledge to use public finance when he’s NEVER said such a thing anywhere!————————This one […]

Hat tip to reader vtcodger The NYT reports: Over the last decade, even as spending on new military projects has reached its highest level since the Reagan years, the Pentagon has increasingly been losing the people most skilled at managing them. That brain drain, military experts like Mr. Kaminski say, is a big factor in […]

by ilsm (submitted June 23) One point of view is here on the KC-45 win for the taxpayer.I will highlight a couple of points. 1. “The Air Force, in making the award decision, did not assess the relative merits of the proposals in accordance with the evaluation criteria identified in the solicitation…” This is contracts […]

by rdan The Seton Hall Law Center for Policy Research reported on: On December 10, 2007 The Seton Hall Center for Policy and Research issued a Report,THE MEANING OF “BATTLEFIELD”: An Analysis of the Government’s Representations of‘Battlefield Capture’ and ‘Recidivism’ of the Guantánamo Detainees, which demonstrated thatstatements asserting 30 detainees had returned to the battlefield […]

by rdan Hat tip to Healthy Rivers for this piece of news: We’re taking your Number Two and making it Number One That’s the goal behind an innovative plan to re-invent sewage bio-solids as garden compost, unveiled yesterday at the GMSC’s new facility on Delong Drive in Moncton. Marketed under the brand name Gardener’s Gold, […]

The Healthcare Economist notes that you are more likely to die in a New York hospital than one in London or Paris. But London is less safe for “avoidable” mortality. (I believe the English translation of that is “Dying when you shouldn’t have had to do so.) Unfortunately, there is no solution to the problems […]

The NYT reports: IN the push to free the auto industry from its dependence on oil, all kinds of alternatives are being tried. Consider now the refreshing concept of cars that run on air. The idea sounds simple: compress air and release it to operate a piston engine. But the execution is difficult, and in […]