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Noah Smith – Milton Friedman’s Cherished Theory Is Laid to Rest

When you’re wrong, you’re wrong, no matter how famous and respected you might be as a scientist. Albert Einstein was wrong about quantum mechanics. Linus Pauling was wrong about the structure of DNA. And Milton Friedman was wrong about the permanent income hypothesis. But unlike with the first two examples, where scientists quickly realized the mistake, economists haven’t yet come …

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Lauren McCauley – No Conflict Here: 150 Wall Street Firms Own Over $1.5 Billion of Trump’s Debt

As many suspected, President-elect Donald Trump’s web of business conflicts is much more complicated than he has let on. An analysis by the Wall Street Journal published Thursday found that the incoming president owes at least $1.85 billion in debt to as many as 150 Wall Street firms and other financial institutions. According to the examination of legal and property …

noam chomsky

Noam Chomsky: With Trump Election, We Are Now Facing Threats to the Survival of the Human Species

n December 5, over 2,300 people packed into the historic Riverside Church here in Manhattan to celebrate the 20th anniversary of Democracy Now! Speakers included Noam Chomsky, world-renowned political dissident, linguist, author, institute professor emeritus at the Massachusetts Institute of Technology. “We now face are the most severe that have ever arisen in human history. They are literal threats to …

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John Horgan – Dear “Skeptics,” Bash Homeopathy and Bigfoot Less, Mammograms and War More

I hate preaching to the converted. If you were Buddhists, I’d bash Buddhism. But you’re skeptics, so I have to bash skepticism. I’m a science journalist. I don’t celebrate science, I criticize it, because science needs critics more than cheerleaders. I point out gaps between scientific hype and reality. That keeps me busy, because, as you know, most peer-reviewed scientific …

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Kurt Jacobson – When Choosing Organic Grocers, Trust MOM

Mom’s Newest Store When I found out MOM’s Organic Market was opening in White Marsh, just 7 minutes from my home, I was thrilled. Over the last 7 years I have seen them grow from three stores to seventeen; quite a feat in the competitive grocery store world. Scott Nash started MOM’s in his mother’s garage at age 22 in …