2:00PM Water Cooler 7/1/2019

By Lambert Strether of Corrente Patient readers, as I warned Friday, timing for Water Cooler will be a little bit sketchy until after July 4. Today I am starting an hour-and-a-half late, and will finish…

Freedom to travel, by Scott Sumner

I’m always a bit skeptical when I hear talk about a recent trend toward “deregulation”. There is no doubt that regulations in a few areas have been relaxed, particularly environmental rules (such as burning coal).…