I Think That’s Called “Burying the Lead” (Of a Sort) It’s not for nothing that economics is known as “the dismal science.” In the same vein, The Wall Street Journal can have a decidedly “glass half-empty” perspective on things. Take, for example, its slant on this objectively happy news: “In its first revision of mortality...Read More
Malthus Returns — With a Vengeance Jeremy Grantham’s latest quarterly newsletter is devoted to looming resource scarcity — and its consequences. As Grantham himself allows, it’s not a cheery subject; it’s not for nothing that economics is known as the “dismal science.” But if you respect Grantham (and I do), it’s worth a read.Read More
