Apr 07

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I wrote yesterday about a chat with the former head of President Clinton's Council of Economic Advisers, Martin Baily, now of the Brookings Institution. Most striking to me, was his suggestion that there could conceivably be an upside to…

Returning from tours in Iraq or Afghanistan (and sometimes both), American veterans struggle to adjust to civilian life: many are still grappling with what they experienced in combat and, as we recently reported, 11 percent were unemployed in March.

One brief comment on the jobs numbers. The net addition of 216,000 jobs, from the so-called payroll survey, is respectable. But the "household survey" reports roughly the same number of unemployed Americans: 13.5 million. You can't tell a lot from…

Mar 30

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The Madness of Sports Betting

Editor's Note | If you're one of the millions of Americans who filled out a college basketball national championship bracket this year, odds are you're out of luck. ESPN reports that only two brackets out of over 5.9 million…