Health Care Is a Business, Not a Right
Sure, it sounds a bit cold-hearted, but it's also a fact: In a modern societies, humans procure health care from strangers, which requires a transactional system of market exchange. Even nationalized systems have to decide what's worth paying for. Megan McArdle says the truth hurts sometimes.
A Phony War on Voter Fraud Looks Even Phonier
The Slow Fade of the Angry White Male
The American working class will be majority nonwhite in about 15 years, a recent study predicts, and the shaky rise of Donald Trump -- the epitome of the angry white male -- also signals that group's eventual demise. Taking stock of 2016, Francis Wilkinson says a half-century scream is coming to an end.
Why Gauging Inflation Is So Hard
Some prices are up, some are down, and the Fed doesn't have much control over most of them. Barry Ritholtz examines the grab-bag of goods and services that makes up the consumer price index (including textbooks sold by quasi-monopolies) and finds plenty of room for confusion.
Signs to Look For on the Road to Peak Auto
Americans drove a record-breaking 282 billion miles in June, but the auto industry shouldn't be celebrating just yet. Controlling for a rising population, Justin Fox finds that U.S. drivers still travel less on a per-person basis than they did before the 2008 recession.
- Hedge-fund investors stop paying for bad returns (Barron's)
- Apple chief Tim Cook’s five years in five charts (Financial Times)
- Why a surging stock market isn’t making ordinary investors happy (The Guardian)
(Read Barry Ritholtz's full daily news roundup.)
- Tesla has faster cars, but where's the jetpack?
- Walmart clings to dividend aristocracy
- Best Buy finally figures out the internet
(Read more from BV's sister site for fast business commentary.)
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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.