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What Will We Tell the Doctors?

…comes in. Recall that there are fixed costs as well; doctors’s returns mirror the standard MC/MR curve. So the actual loss begins gradually, but becomes steeper as the years go…

David Streitfeld Knows Better than This

…banks fail for no reason? As Peter Carbonara wrote in the BusinessWeek piece: One Material Loss Review released today, for example, describes the death throes of FirstCity Bank, which had…

Mandate Up

…too but one less about ideological preference and more about results. The Washington Post’s David Broder explains, “There will be a temptation to interpret the Democrats’ loss of their House…