15 October 2015

And now let us remember the worst economic prediction ever

Matt O'Brien

Slavery Myths Debunked

The Irish were slaves too; slaves had it better than Northern factory workers; black people fought for the Confederacy; and other lies, half-truths, and irrelevancies.

Jamelle Bouie and Rebecca Onion

09 October 2015

A drug company raised a pill's price 5,500 percent because, in America, it can

When drug companies set their American prices, they don't focus on the price of making the pills. Instead, they look at what their competitors already charge for similar products — and try to land their price somewhere in that same range, regardless of production costs or how good the drug actually is. Since most drugs are already expensive, new drugs keep matching those prices.

Sarah Kliff


This is the best time to borrow money. In all of history.

Matt O'Brien

07 October 2015

Ben Carson’s anti-Muslim comments are at odds with traditional American principles

But if you're part of the group whose beliefs, traditions, and ideas were for so long taken as the default under which everyone had to live, that inclusiveness feels like a loss of privilege, which can easily be turned into the feeling that you're under attack.

...

Your devotion to ideas like liberty is tested when you have to apply them not just to yourself and people you think are like you, but to everyone — when you have to ask whether you believe in freedom of speech enough to allow books you disagree with, or whether you believe in freedom of religion enough to give all the same rights you have to people whose religious beliefs are different from yours. 




Can the “Scourge of Upward Redistribution” unite left and right against the rent-seekers?

Lee Drutman