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

Felix Salmon comments on media bias

Felix Salmon comments on media bias at Seeking Alpha: But let’s not kid ourselves that there’s any particular reason why global stocks are falling. And especially, let’s not try to invent some spurious reason for the fall, be it broad and inchoate (“global economy fears”) or weirdly specific (“Federal Reserve pessimism”).…As a general rule, if […]

Guest Post: Latest from Cato…

Guest post by Michael Halasy Latest from Cato… Kaiser Health News carries an article from Michael Cannon from Cato Institute on the benefits of Ryan’s proposal on Medicare. Cannon is wrong. First, he begins by advocating for repeal by comparing the roughly 500 billion in cost of the program to the overall debt and deficit, […]