Posted inMoney, Politics, and Power

How Low Can You Go?

THE UPSIDE OF UNEMPLOYMENT Our last issue described PaineWebber’s “happiness index” for bonds, which goes up when unemployment increases. But unemployment, we’ve now learned, can prolong your life too. Our impeccable source is a new study from the National Bureau of Economic Research: “Are Recessions Good for Your Health?” by Christopher Rohm (NBER Working Paper […]

Posted inMoney, Politics, and Power

K Street Gore

One important way to judge what a presidential candidate might do if elected is to look at his record while in office-his publicly announced positions and his skill in commanding loyalty, wielding authority, and winning public support. But it is also important to look at the networks of campaign contributors, lobbyists, political organizations, and policy […]

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