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A quick look at Bloomberg News's opinion section

March 14, 2013 For more, visit
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FROM THE EDITORS

Pope: "As Jorge Mario Bergoglio of Argentina, now known as Francis I, assumes leadership for the world's 1.2 billion Catholics, we won't presume to tell him how to think on matters religious. But for the sake of world markets, we hope the new pope will act in the best tradition of Catholic economic thought."


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Sugar: "Sweet reason has left U.S. agricultural policy, at least judging from the latest installment in the sugar-subsidy saga. Because of a plunge in U.S. sugar prices amid a hefty crop of sugar beets and cane, the Agriculture Department estimates that it may have to buy 400,000 tons of sugar from processors who might default on $862 million in government loans."


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COMMENTARY

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Clive Crook

"Rising inequality in the U.S. and Europe generates plenty of commentary nowadays, but not so many compelling prescriptions. I've a simple theory for why this is. The left really cares about the issue, but bars itself from considering effective remedies. The right could come up with some effective remedies, but doesn't really care."

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Jonathan Mahler

Manchester United fans insist that the team's majority owners "are greedy Yankees -- unfit custodians for their storied club. . . . Here's a thought: Instead of complaining about their team's ownership, maybe United's English fans should start enjoying their team's success."

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Caroline Baum

The effect of the $85 billion of automatic spending cuts is projected by econometric models pre-programmed with a specific multiplier. "If the estimate of the multiplier is wrong, then the projection for the effect of any given policy is wrong."

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Joe Peta

"If Las Vegas adopted some of the best practices of Wall Street, it could carve out a significant niche in the multitrillion-dollar business of asset management."
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Paul Howard

"We certainly need to slow the growth of health-care costs, especially for Medicare. Fortunately, the program has an in-house model for how to do this: Part D, the Medicare drug benefit passed in 2003."

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FROM THE BLOGS

The Ticker

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Francis Wilkinson on gun dealers outnumbering McDonald's
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Echoes

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Wendy Woloson on how Benjamin Franklin invented the mail-order business
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The Ticker

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Josh Barro on why conservatives shouldn't go to CPAC
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