Day: July 14, 2019

Pashigian and Self show most markets are competitive because there are too many sellers to successfully collude

The Great Escape

Book Review

A Blog on Winston Churchill

The Anglo-American alliance was dominated in 1943 by negotiations over the military strategy to pursue in the European theatre and by the basis for the reinstatement of British access to the secrets of the development of the atomic bomb from which they had been previously excluded. Against the backdrop of growing American power and preponderance in the alliance, Prime Minister Winston Churchill and President Franklin Roosevelt, along with their respective colleagues and subordinates, held a blizzard of meetings, conferences, and trans-Atlantic telephone calls supplemented by a stream of cables and dispatch of various emissaries to Washington and London. Churchill and the British argued in favor of the Mediterranean strategy and reliance on the strategic bombing of Germany, while the Americans supported a cross-channel invasion of the continent in 1944.

Philip Padgett links British support for the Overlord landings with the return to shared development of the Atomic Bomb in his…

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Pelosi versus the Justice Democrats: What does it mean for 2020?

Why Evolution Is True

As you surely know if you’re a Democrat, the party is fracturing along progressive/moderate lines, with the “progressives” comprising four newly-elected but vociferous members of the Justice Democrats (JDs): Representatives Alexandria Ocasio-Cortez from New York, Ilhan Omar from Minnesota, Rashida Tlaib from Michigan and Ayanna Pressley from Massachusetts. Their stance to the left of “mainstream” Democrats has clearly influenced the Presidential candidates from that party, who, in their two debates, seem to compete to see who could be the most “woke”. (Of course, it’s common for a Democrat to campaign left but then, when nominated for the candidate, head more toward the center.)

The three articles below, from the Washington Post (first article) and New York Times (other two), recount the fractious relationship between these four and House Speaker Nancy Pelosi. (The Post article is behind a paywall, but is derived largely from Maureen Dowd’s piece in the NYT):

I…

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