The price of the magic pills

July 28th, 2014

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Greg Mankiw’s forays into debates are always a great read because they are a great write. Today’s NYT piece on health care reform is no exception. He illustrates the issue of who pays for medical innovation:

Imagine that someone invented a pill even better than the one I take. Let’s call it the Dorian Gray pill, after the Oscar Wilde character. Every day that you take the Dorian Gray, you will not die, get sick, or even age. Absolutely guaranteed. The catch? A year’s supply costs $150,000.
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The Indirect Approach

July 28th, 2014

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Liddell Hart, the famous historian and warfare theorist, maintained that all great military victories were won by one thing: the indirect approach.Although Hart’s analysis is a little light, he’s is right about one thing.
The best path between two points isn’t always a straight line and in warfare, it never is.  

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Tony Abbott’s relentless blowing of his own trumpet fails to impress most voters

July 28th, 2014

Admin wrote an intriguing post today on
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This is how Prime Minister Tony Abbott and the Murdoch press spin Malaysia Airlines Flight MH17 crash site negotiations since this passenger plane was downed with loss of all lives on 17 July 2014:Tony Abbott is leading the West into a confrontation with nuclear superpower Russia over the downing of MH17.

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Tony Abbott’s relentless blowing of his own trumpet fails t0 impress voters

July 28th, 2014

wrote an intriguing post today on
Here’s a little taster

This is how Prime Minister Tony Abbott and the Murdoch press spin Malaysia Airlines Flight MH17 crash site negotiations since this passenger plane was downed with loss of all lives on 17 July 2014:Tony Abbott is leading the West into a confrontation with nuclear superpower Russia over the downing of MH17.

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More proof that when Tony Abbott promised “Work Choices, it’s dead, it’s buried, it’s cremated now and forever” he was lying?

July 28th, 2014

Admin wrote an intriguing post today on
Here’s a little taster

More proof that when Tony Abbott promised Work Choices, it’s dead, it’s buried, it’s cremated now and forever he was lying?The Liberal-Nationals Coalition Government widens its political moves against unions ahead of final consideration of the

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