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

You searched for: label/principal-agent problem

Ms Parker, Mc Cain, Party and Honor

…the past several months: hope and change. In the end, did Ms. Parker know she was so prophetic? That’s potent medicine. It also should come with a warning label: “May…

Same labels, same old stuff

One Salient Oversight sends some thoughts from down under on recycling labels: Think of the common labels thrown out against political opponents these days. What sort of political thinking would…

The Shrinking of Treehorn

…show prices, but sizes of items. Lempert says packaged goods makers should have to put the word “new” on the label if they take away even 1 ounce and explain…

Limited tricks, monolines, municipal bonds…

…Mae and Freddie Mac) and not (private-label MBS) means it will have eventually sold or pledged half of its Treasurys, limiting how many more of these tricks it can pull…

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

…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

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

…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…