What?? How is that possible? I hear you ask. Honestly, I struggled with this for several months now. I knew that according to Friedman, “Inflation is a monentary phenomenon” (which means it’s caused by the government’s management of the money… Read moreSkyrocketing oil prices are not causing inflation
http://www.overcomingbias.com/2008/04/prevention-cost.html The claim: Because prevention techniques have to be widespread to be effective, the cost of making them widespread dwarfs the benefit of reduction in the disease. In other words an ounce of prevention costs more than a pound of… Read moreDeath Knell for HMOs?
Political Observations The vast majority of pundits, when faced with a crisis, will claim that the crisis would have been averted if only we had done what they told us to do. Alternatively, they will say that the crisis happened… Read moreRandom Observations – April 2008