It might seem clear that research on extending the lives of frail persons over say age 80 does not produce much value to these persons or to society, but economic analysis of the “value of life” shows that this conclusion is far from obvious...
If the New Theory of Unions holds any water, unions might be advised to turn their attention from politics to making their members more efficient and productive...
During the panic in the fall of 2008 some interpreted the explosion of the Fed's balance sheet and the monetary base (MB)—currency plus reserves of banks at the Fed—as an appropriate monetary policy response to a shift in the demand for the monetary base...
As the history of communism and fascism both illustrate, modern political tyranny has relied on fabricated history to legitimize its claims and actions, and such history in turn relies on the debasement of language...
In June 2010, California voters passed Proposition 14, changing the process for choosing primary winners...Judging by the results, Californians might want to take a mulligan on last year’s Prop 14 vote...
Whatever one’s view about the extent and risks of climate change and the need for government action, the filing of public trust-based cases in all 50 states should be recognized for what it is: an abuse of the judicial process...
