A great philosopher writes in the New Republic: Gretchen Morgenson and Joshua Rosner just published a major book, Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. The book is excellent in explaining the misconduct of executives who ran Fannie Mae and Freddie Mack. Yet it goes off the rails by overstating [...]
Archive for August, 2011
Keith Humphreys’ thoughtful post called to mind some thoughts I wanted to jot down after re-reading Drew Westen’s NYT piece on Obama and Jonathan Chait’s blistering response to Westen in the New Republic. Westen is surely a primary target of Keith’s scorn, and I agree with both Chait and Keith that Westen grossly exaggerates what [...]
Is one of you prepared to stand up and say the Rick Perry is unfit to be President? And why not? He is, and you know it.
This UCLA study surprised me. Medical researchers should seek to identify those interventions that significantly improve a patient’s survival rate (abstracting from quality of life). The benefits of taking a drug hinge on two parameters. Consider a heart medication. If I take it, how is my survival rate affected? Intuitively, what would my probability of surving [...]
When Harold Pollack wrote about the recent Illinois Department of Revenue decision to withdraw property tax exemptions from three hospitals, he naturally focused on the impact of the decision on health care. But those of us who work in other areas of the nonprofit sector are worried by the decision as well–or, if we aren’t, [...]
Professor who closed the laptop of a student surfing the web during class acquitted of battery–and fired.
… apparently as part of the turf battle between the Golfo group and Los Zetas. Current policies incentivize violence. We need a new enforcement strategy to make the drug traffickers afraid of acting scary.
Is the health of European royalty expensive?
Listening just now to a radio report of the counter-clockwise spinning Irene hurricane called to mind a night some years ago when I was lost in the Surrey darkness, trying to find the house of an English friend. My friend called me and said that I had made a mistake by turning left at the [...]






