People respond to incentives, so if you want something done, reach for your wallet.That’s what you’d expect an economist to say, but it is a belief that infuriates many commentators.
I will concede that offering cash is not always productive. In …
For days, columnists have been positing their own questions for Blair to answer about the invasion of Iraq. Today, for six hours, the five members of the Chilcot Inquiry have been asking the ones Blair actually has to answer.
For the latest events, see…
Martin Wolf is writing for the FT’s Davos blog. Here is a copy of his second entry.
Another weird day has passed. But all days at Davos are weird. One never knows what is going on, except for the fact that, wherever one is, one would be far better of…
The days of banking self-rule are over – Davos policymakers must make tough choices on regulation and rewardsThe mood in Davos is more cheerful this year. That’s hardly a surprise since the world economy was having a near-death experience a year ago. Industrial production was collapsing and world trade contracting at rates similar to those [...]
The worst may be over for the economy, but we may be facing a long convalescenceIn the grand scheme of things, it doesn’t matter when precisely the UK economy emerged from recession. What matters more – in the eyes of the bond market, at least – is the rate of growth that can be achieved [...]
Ta-Nehisi Coates: >Ta-Nehisi Coates: Fear, Parenting, and the Police: We talked some, last week, about how fear drives black parents. I think this is the sort of case that I was thinking about: >>The photos taken by Jordan Miles’ mother show h…
The NWS says: >National Weather Service Watch Warning Advisory Summary: THIS HAZARDOUS WEATHER OUTLOOK IS FOR SAN FRANCISCO BAY AREA AND MONTEREY BAY AREA. >.DAY ONE…SATURDAY AND SATURDAY NIGHT >SCATTERED SHOWERS WILL CONTINUE ON SATURDAY. B…
Do you remember the days of easy credit? It doesn’t seem that long ago when we "benefited" from loose lending standards in the credit card industry. It seemed like every day there were multiple credit card offers in the mailbox with no annual…
Utterly remarkable. It is hopeless to appeal for some quality control, but I do so anyway: Charles Murray: >The Word Made Flesh « The Enterprise Blog: I’ve been marooned in Paris the last three days, waiting for a plane home after the snowstorm m…
Spencer Ackerman writes about General Ken Keen: >The Ongoing Logistical Nightmare of Haiti, Six Days Later: Ken Keen, a three-star Army general, was in Haiti on Tuesday at the U.S. ambassador’s office shortly before nightfall when the quake began….