Clayton Christensen thinks we suffer from a medical symptom shortage

I’m in D.C. today, and this morning I moderated a panel at the World Health Care Congress featuring Clayton Christensen. Christensen is the inordinately tall Harvard Business School professor who attained official business-guru status with the publication of The Innovator’s Dilemma in 1997 and has shown no signs of relinquishing it since. He’s got a [...]

Why the next president should keep the capital gains tax rate right where it is

From an editorial in today’s WSJ: The facts about capital gains rates and revenues are well known to our readers, but we’ll repeat them as a public service to the Obama campaign. As the nearby chart shows, when the tax rate has risen over the past half century, capital gains realizations have fallen and along [...]

“Serious” economists and capital gains taxes

Commenter common sense writes, apropos of my intemperate anti-Charlie Gibson screed: You don’t know of any SERIOUS economist who agrees that cutting capital gains increases revenue? Not one? I guess you use the word serious to mean ‘agrees with me and my friends’, and everyone else as ‘stupid’. I did 5 minutes of internet research [...]

So, uh, when did Charlie Gibson turn into a supply-side nut job?

I didn’t watch the debate last night. I’m afraid I just can’t bring myself to watch presidential debates. Which helps explain why I’ve never really made it as a political reporter. But I can, after a suitable amount of time has passed, bring myself to read at least parts of the debate transcript. Such as [...]

Outsourcing can go both ways (or, would you telecommute to Singapore?)

Thomas Crampton posts a fascinating e-mail from the deputy editor of Singapore’s Straits Times–sent out in the wake of the news of pending layoffs at the New York Times: Would you know anyone within the NYT who could help us put out the word that we would be happy to take on some copy-editors, which [...]

The not very encouraging (to newspapers, at least) success story that is Thomson

One of the two major newspaper companies I can think of that have successfully made the transformation to the digital age closes its biggest deal ever today. Thomson Reuters is the name of the new organization, but it was a straight-out acquisition of Reuters by Thomson, the former owner of the Globe and Mail, the [...]

Because the only good grapefruit is a grapefruit that can’t be detected by radar

Curious Capitalist Jr. and I were just walking down Broadway when we saw these boxes stacked on the sidewalk outside a grocery store. We both found the name very strange. And you?

Filipinos love the free market; Turks hate it

From a poll published yesterday by WorldPublicOpinion.org: Not that surprising in general: Everybody knows Asians and Americans like capitalism best. Although the Africans are up there too! The huge gap between France on the one side and Germany and Italy on the other surprised me. And what’s up with Turkey? The general global trend in [...]

The great walkaway to come in California

Former Curious Capitalist guest blogger Mark Gimein has a nice scaremongering piece in Slate (or is it on Slate? At Slate?) about the next mortgage shoe to drop: affluent Californians with option ARMs. The most common subprime loans were known as “2/28″ in the industry: 30 years, including a two-year teaser rate before the interest [...]

The best defense I’ve heard yet for McCain’s big tax flip-flop

After gently bashing the Straight Talking One yesterday, it seems only fair to share this little bit from Jonathan Rauch’s defense, from the May Atlantic, of John McCain as a Burkean (as in Edmund Burke) conservative: McCain voted against Bush’s big tax cuts, but now says he supports extending them rather than risking damage to [...]