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

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Eyes on Trade

…what their counterparts label ‘protectionism.’… [the services trade lobby’s] body of work took on the attributes of a social science literature in which authors cited, critiqued, and built on each…

Meds and blogs

…has become a standard we all use, and is something I have written also in comments. What often is missed in conversation about the economic part of big pharma profits…

Old meaning, new boost for Feb. 14

…weeks instead of one. They suspect the Viagra works through its effects on nitric oxide, which is also how the drug treats erectile dysfunction. Actually, off-label uses can be productive….

Raising Future Taxes Yet Again

…argument: specious logic; ignorant confusion of correlation with causation; deliberate simple-mindedness; or even the “Donald Duck theory of economic growth“. Whichever label you choose, it is, unfortunately, also just par…

Alienating Independents

…also implicitly applying those same labels to the one-third of Americans who have gone through the same disillusionment with Bush’s Iraq policies. Meanwhile, about 55%-60% of Americans now think that…

“Freedom to Farm”: GOP Hypocrisy – then and now

…wonders of the 1996 so-called Freedom to Farm Act (the last major previous farm legislation). Such praise vivifies how few people in Washington look beyond the deceptive label congressmen attached…

Boskin on Social Security: Abuse of Utility Theory

…Michael tried to argue that the income elasticity for government benefits (G) is less than unity: Economists use a term called the diminishing marginal utility of income to express the…

Bush Picks Up Key Endorsement

…administration’s “axis of evil” label, accusations that Iran harbors al-Qaida terrorists, and threats of sanctions for the country’s nuclear ambitions. Historically, Democrats have harmed Iran more than Republicans, said Hasan…

And Now, Random Convention Thoughts

…that the actual song is “Let’s Get Retarded”, and “Let’s Get it Started” is the radio version, have the Democrats at long last cast off the political correctness label? AB…