Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/correlation

Paul Volcker Feb.20

…is a very difficult thing to manage. Now we do worry about innovation and flexibility. Maybe innovation is a little overrated. I find little correlation between the sophistication of the…

Raising Future Taxes Yet Again

…argument: specious logic; ignorant confusion of correlation with causation; deliberate simple-mindedness; or even the “Donald Duck theory of economic growth“. Whichever label you choose, it is, unfortunately, also just par…