A Christmas story

The best gift I got this Christmas – other than my collection of DVDs about the Pittsburgh Steelers six Super Bowl titles – was the chance to overhear a story…

Paul Krugman is a partisan hack

Occasionally I read Mr. Krugman’s column for entertainment purposes — sort of like watching Project Runway or Animals Gone Wild. This morning was one of those occasions. The man is…

Art and Politics

When I first met my father in law, he spent hours trying to convince me of the cultural superiority of his tastes. Some of these were indeed triumphs. I’m thinking…

Diminishing the price of law

The lesson from Jones, see my post below, is that law untamed can be very costly, and with little benefit. This is, of course, not a new idea. In a…

Who decides how much to pay?

What is the proper role for judges in deciding how much investment advisers to mutual funds should be compensated? This is the question the Supreme Court will answer in Jones…