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

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Limited tricks, monolines, municipal bonds…

…the world worried that the Fed was running out of ammunition and would soon have to turn to unconventional tools. Now, in 2008, it’s worth asking if the Fed could…

Clouds

Having installed a cloud widget on the left sidebar, contributors and guest posters should label their contributions from now on so the widget can keep the references updated. Past posts…

Eyes on Trade

…did we get to the point where lawyers sat around thinking of basic human rights to turn into “tradeable commodities/services”? To paraphrase Larry the Cable Guy, this 1992 intellectual history…

Meds and blogs

Brain chemistry analysis is being born as I write. Scientists have understood something of the chemical imbalances underlying mental health problems, but making meaningful chemical measurements in the brain has…

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

…tax cuts were crucial to spurring economic growth over the past three years, by persuading more corporations to offer larger dividends and by sparking new business investment. …”It was as…

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…