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4453

price-gouging by big pharma

A new pharmaceutical company, with an office in Alabama but no production facilities, has simplified things by charging the same price ($295) for two products
larrywillmore
12:16
#4453
 
4452

Daniel Ellsberg at lunch with the FT

I enjoyed very much FT columnist Edward Luce's full interview of Daniel Ellsberg. Ellsberg's fear of nuclear holocaust is what most caught my attention,
larrywillmore
9 Dec
#4452
 
4450

universal basic income (UBI)

UBI is an old idea whose time has come due especially to the threat of automation. The idea is simple. Provide each adult with a benefit large enough to cover
larrywillmore
8 Dec
#4450
 
4449

the bitcoin bubble

The value of the Bitcoin cryptocurrency, worth US$1,000 at the beginning of the year, has soared to more than US$16,000
larrywillmore
7 Dec
#4449
 
4448

Albert Hirschman and Cardiff Garcia

Cardiff Garcia (born 1979 to Cuban-American parents) is a great fan of German-American political economist Albert Hirschman (1915-2012). I am also a fan of
larrywillmore
4 Dec
#4448
 
4447

supply and demand in housing markets

FT columnist John Kay drafted a useful analysis of the UK housing crisis, a portion of which I copy and paste below. Continues at
larrywillmore
4 Dec
#4447
 
4446

happiness over the life cycle

Students of ‘happiness’ invariably find the variable to be U-shaped over a person’s lifetime. People tend to become less and less happy until they reach
larrywillmore
3 Dec
#4446
 
4445

PSA: the TdJ weblog is now restored and working online!

This is the preferred method of accessing Thought du Jour: larrywillmore.net/blog
larrywillmore
3 Dec
#4445
 
4444

elder poverty in South Korea

The existence of widespread poverty among older people in South Korea is a disgrace. The country can easily afford a basic, universal pension that allows the
larrywillmore
29 Nov
#4444
 
4443

US-China relations

*** Mr Xi and Mr Trump have many potential soulmates in the anti-globalist camp, including leaders such as Vladimir Putin in Russia, Rodrigo Duterte in the
larrywillmore
27 Nov
#4443
 
4442

social pensions in India

India, in theory if not in practice, provides social (non-contributory) pensions for all residents older than 60 years who live in families poor enough to be
larrywillmore
19 Nov
#4442
 
4441

poverty in Hong Kong

Per capita GDP in Hongkong is 34 to 37 thousand HK$ [4 to 5 thousand US$] a month. The city state is not poor. Because of the skewed distribution of income,
larrywillmore
19 Nov
#4441
 
4440

António Guterres at lunch with the FT

In this week's "lunch with the FT", Gillian Tett, the FT’s US managing editor (and anthropologist in residence) interviews the Secretary-General of the
larrywillmore
17 Nov
#4440
 
4439

midlife therapy

The famous English economist/philosopher/politician John Stuart Mill (1806-1873) had a midlife crisis at age 20, when he suffered a nervous breakdown. MIT
larrywillmore
14 Nov
#4439
 
4438

: America's gun violence

Unfortunately this post is visible only by email. The NY Times does not allow me to make a digital copy of any portion of a column. I copied the excerpt as an
larrywillmore
8 Nov
#4438
 
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