If you read Superman comics as a kid, you probably remember Bizarro, Superman’s evil double, and Bizarro World, the skewed reality he inhabited. Everything in Bizarro World resembled in a perverse and twisted way some corresponding reality in Superman’s world.…
Age is a factor in valuing life
Is the death of an older person as great a loss to society as that of a young person? The Office of Management and Budget says no. The Environmental Protection Agency says yes. At stake are the cost of pollution…
What factors allow CEOs to earn above-market pay?
Are CEOs paid too much? To most economists, that question does not involve fairness, justice, outrage or any of the other terms that many people use regarding pay in the millions of dollars. Instead, they focus on whether the sums…
Fed facing election pressure
The Federal Open Market Committee met Tuesday and, as expected, announced that it was making no changes in its management of the nation’s money supply, though it did hint at the possibility of reducing an interest rate target when it…