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A quick look at Bloomberg News's opinion section

January 31, 2013 For more, visit
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FROM THE EDITORS

GDP: "As useful as GDP is, it has some crucial flaws. It can obscure growing inequality and encourage the depletion of resources. It can't differentiate between spending on good things (education) and terrible things (cigarettes). . . . This is why more and more economists and activists are pushing to update GDP."

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Defense: Given Senator Chuck Hagel's "past positions and statements, his former Senate colleagues on the Armed Services Committee would do well to fulfill the 'advise' portion of their role in confirmations and demand detailed answers to tough questions during this week's hearing. We might end up knowing not just where Hagel stands on hot-button issues, but get a much better feel for the Obama administration's second-term foreign policy and national security agenda."


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COMMENTARY

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Michael Kinsley

"I hate to spoil the fun, but deficit hawks and deficit doves are actually in agreement about how this sucker should play out." Peter G. Peterson and Paul Krugman "are in agreement on the right formula: First, you run up the deficit in order to stimulate the economy, and then you reduce the deficit in order to bring the national debt into a safer range. They just approach this solution from opposite directions."

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Caroline Baum
"Paul Ryan came out swinging last week: swinging at the federal budget. The Republican House Budget Committee chairman said he can eliminate the deficit in 10 years without raising revenue. From $1 trillion to zero in 10. Can it be done?"
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A. Gary Shilling

"In today's markets, investors' zeal for yield and disregard for risk favors the junkiest of the junk. This 'risk on' environment must be incorporated in any investment strategy."

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Read the fourth of a five-part series

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Amity Shlaes

"Discrimination against women is the explanation often offered, whether we are discussing formal rules, such as the ban on women in combat, or informal decisions, as in cases of corporate promotion or the allocation of Cabinet-level posts. Perhaps there is another reason women have sometimes been absent up to now in such places. That reason has to do with the difference between opportunity and entitlement."

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Enrique Krauze
"In the nature and the suffering of what may be his impending death, Hugo Chavez will probably achieve the immortality in human memory that he has always sought, the certainty of a veneration reserved for saints, martyrs and redeemers."
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FROM THE BLOGS

The Ticker

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Shikha Dalmia on myths about "chain migration" in U.S. immigration policy
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Echoes

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Carolyn Harris on the inheritance that awaits Prince William and Kate Middleton's baby
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The Ticker


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Paula Dwyer on the good news in the GDP report
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