Recent Posts

How ‘supply’ became a dirty word in economics

“Supply” is a dirty word in economic policy discussions. That needs to change. Over the past few decades, the word “supply” has come to be associated with pro-market, anti-government policy. That has earned it the scorn of many among the growing number of intellectuals, activists and policymakers who worry about rising inequality and other economic ills that laissez-faire thinkers overlook. ...

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Kobe Steel’s faulty waiting game

What’s Kobe Steel Ltd. waiting for? Executives at the Japanese metal manufacturer accused of falsifying safety data will decide whether to resign only after an independent investigation wraps up at year-end, according to a Reuters report on Monday, citing people familiar with the situation. Come on, now. If you have to ask, you probably already know the answer. And if ...

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Disney’s pursuit is over, but the Fox hunt may go on

Whoa, what’s in the water lately? Walt Disney Co. is said to have held talks to buy the majority of 21st Century Fox Inc. The negotiations are currently dead, but to give a sense of how big this partial acquisition could have been, Fox in its entirety has a market value of $50 billion. The size is probably less jarring ...

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