Jeff Jacoby writes in the Boston Globe, Majority rules on climate science? Excerpts: Why would so many scientists have relied on models that turned out to be so wrong? The authors propose several plausible explanations — volcanic eruptions? solar irradiation?
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“Overconfidence leads to reliance on forecasts, which causes borrowing, then to the fragility of leverage. Further, there is convincing evidence that a PhD in economics or finance causes people to build vastly more fragile portfolios. George Martin and I listed
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I think that the Amazon model may be as significant a step in commercial innovation as the assembly line or the department store. One Click shopping is just absolute genius. My most recent purchases: A wisk broom- an old fashioned
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The utter failure of the ACA website roll out is just a cover for the fact that the real failure is the plan itself. The shitty website does not explain the cancellations and the painfully higher costs. But the disaster
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from Mark Steyn in The National Review Online, Ice Everywhere, But No Hockey Sticks: Global warming will kill us. Global cooling will kill us. And if it’s 54 and partly cloudy, you should probably flee for your life right now.
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from the Editors of National Review- Core Incompetency: The Department of Health and Human Services blames “inadequate management oversight and coordination” — in a word, leadership— for these problems. Whose “inadequate management oversight”? HHS does not seem to want to dwell
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Jeff Jacoby writes ‘Tis better to give, but some give more in The Boston Globe: Excerpts: WHEN IT comes to charitable giving, America is a world-beater. According to Giving USA, an annual compendium of national data on philanthropy, Americans last
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Pope Francis offered his judgment on modern capitalism in his 50,000 word address, Evangelii Gaudium: Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and
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