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Market Failures and the Not-So-Invisible Hand
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2017-01-10 10:01:31
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.footer .iOSLink a { color: #666666 !important; text-decoration: none !important; } @media only screen and (max-device-width: 480px) { body { padding: 10px !important; } .one-column p, .one-column li { font-size: 19px !important; line-height: 29px !important; } }A daily digest of opinions and analysisWhen Bad Things Happen to Good MarketsAdvocates of government intervention in the economy can't always explain why the market needs help, but experience often proves them right. Noah Smith explains. As best he can.Beijing's Best Response to TrumpThe sort of protectionism proposed by President-Elect Donald Trump is a recipe for disaster in the Chinese economy. Michael Schuman sees a way out for Beijing: to end its own protectionism.Skeptics of Intel Will Get Their TurnSome Trump backers who question the 2016 election report will soon be privy to all its details. Eli Lake writes that either they or President Obama will be vindicated.The Enemy of My EnemyObama tried emphasizing that Islamic State is not really Islamic. Trump tries to do the opposite and tie terrorism closely to the religion. There's a better way to talk about terror and Islam, says Kara Alaimo.Ritholtz’s ReadsThe Trump Tweets That Moved Markets (Washington Post)Kansas Offers Cautionary Tale for Trump’s Tax Ambition (Bloomberg)English Is the Language of Science. That Isn’t Always a Good Thing. (Smithsonian)(Read Barry Ritholtz’s full news roundup.)Bloomberg GadflyFrom chocolate to chocolate Labs: why Mars pivoted to pet careHuzzah! People are paying for music againGerman discounters' fall in the U.K. may not be fatal(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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