Recent Posts

Does Trump know Putin is in payback business?

A basic truth about Russian President Vladimir Putin, which President Donald Trump evidently doesn’t understand: Putin is in the payback business. He believes the United States destroyed his former country, the Soviet Union. He likes the United States to feel pain, in Afghanistan and everywhere else. Trump has his own, much rosier take on Putin. And I can’t help wondering ...

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American lockdown exceptionalism

As the number of Covid-19 cases starts to rise again in many states, the question is whether residents of those states will tolerate another lockdown. I used to think so, but it is increasingly clear that Americans have become comfortable with a remarkably high number of casualties. There is a mechanism of social conformity at work here. Most people will ...

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For Uber Eats, new deal is better than nothing

Uber Technologies Inc needs to act fast to buttress its food-delivery business. It now has a second chance and shouldn’t blow it. The New York Times reported that Uber Eats-parent Uber Technologies Inc made an offer to acquire Postmates Inc, citing people familiar with the matter. A deal for Postmates would value the company at around $2.6 billion and could ...

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