Archive for September 18th, 2009

Graham Greene on “Death Panels” »

“[Euthanasia] is what any State medical service has sooner or later got to face. If you are going to be kept alive in institutions run by and paid for by the State, you must accept the State’s right to economize when necessary …” The Ministry of Fear (New York: Penguin Books [1943] 2005, p….
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The Fed’s Industrial Policy »

I’ve seen lots written in the past year on the Federal Reserve Bank’s (Fed’s) expansion of the monetary base, but almost nothing written about changes in the Fed’s policy to target its funds and support toward specific institutions. Prior to Bernanke’s reign as Chairman, the Fed acted in a way that was neutral toward…
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