Rupert! Murdoch! Buys! Dow! Jones! Maybe

At least, that’s what The Business, a reasonably respectable British weekly in the same media family as the Telegraph, is reporting (link via Drudge). Given that the editor of The Business and co-author of the article is Andrew Neil, who was editor of Murdoch’s Sunday Times for 11 years and appears to have stayed on [...]

Trade is hard. Figuring out what to do about China is even harder

Ana Marie Cox has informed me that several Democratic candidates for president have been participating in a United Steelworkers forum at the Crown Plaza Cleveland City Centre yesterday and today focused on trade and manufacturing. This is news to me on so many fronts (There’s a presidential election coming up? There are Democrats participating in [...]

New column: My friends on Facebook

My new column is about Facebook, and it’s in the issue of Time with a glass of Scotch (or is it bourbon? or rye? or colored water?) on the cover and online here. It begins: I knew something significant was up when, a couple of weeks ago, I got an e-mail notifying me that a [...]

Obligatory (if late) Fourth of July post

This was at the Independence Day Parade in Southampton, NY. I had no particular interest in the Long Island Women for Peace (although they were very pink), but this was the only one of my camera phone shots that turned out well enough to consider posting here:

Economic explanations for terrorism don’t hold water

David Wessel’s column in the WSJ today is about Alan Krueger‘s research into the economic determinants of terrorism. The nice people at the Journal have put the piece outside the pay wall, but here’s an excerpt anyway: Less than a year after the Sept. 11, 2001, attacks, President Bush said, “We fight against poverty because [...]

Why advances in molecular genetics make universal health care “inevitable”

It’s behind the FT’s pay wall, but Brandeis economist (and inflation geek) Stephen Cecchetti‘s opinion piece in today’s paper is worth citing: A single-payer, publicly run health-care system is the inevitable consequence of the nearly continuous scientific revolution in molecular genetics that began a half century ago. … The time is fast approaching when we [...]