Recent Posts

Garden, like Obamacare, will prove hard to uproot

  Michelle Obama has spent a long time building a “kitchen garden” for the White House, intended as an example to the nation of local eating and healthy food. Now that she’s leaving the White House, she doesn’t want to see it wither away. Politico reports: Obama on Wednesday afternoon will formally unveil a much bigger version of the garden ...

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Meal-delivery startups show that tech is disrupted

  Blue Apron, the leading meal-delivery startup, pitches itself as “disruptive tech,” but a recent BuzzFeed article shows that the tech is what’s being disrupted. This company is at the mercy of physical-world constraints just like the brick-and-mortar businesses it’s competing with. As tech looks to muscle its way into more parts of the economy, this may become a theme. ...

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Maybe companies aren’t so focused on the short term

  Tyler Cowen Hillary Clinton thinks U.S. corporations live for the short-term, obsessing over the next quarterly earnings statement to the neglect of their longer-run prospects. That’s a common criticism and the evidence to support it includes testimonials by corporate chief executives, a variety of corporate scandals and high and rising corporate discount rates on future cash flows. Still, it’s ...

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