Archive for October 1st, 2012

The Engine of Economic Growth Is Running, but Hardly at High Speed »

Real private fixed investment—the main driver of genuine economic growth—has recovered less than half of its loss between 2006 and 2010. As of the second quarter of this year, the amount of real private fixed (i.e., not including inventory) investment had barely recovered enough to exceed the low point it hit during the…
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The Wretched Nationalization of School Lunch »

Don’t you love how all political debates seem to center around two false alternatives? The Obama administration’s school lunch guidelines, codified in a 2010 law and spearheaded by the First Lady, have prompted many students, teachers, parents, and conservative opponents of the regime to protest the smaller portions. Kids complain that they are hungry…
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Waste, Waste Everywhere and Not a Dime to Spare »

The Institute of Medicine says we are wasting 30 cents of every dollar we spend on medical care. Originally I was going to pan the study, but I can’t resist a good read. Like this: If banking were like health care, automated teller machine (ATM) transactions would take not seconds but perhaps days or…
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