I came of age scientifically at the beginning of the cloning era. As various genes associated with human genetic disorders—sickle cell disease, cystic fibrosis, muscular dystrophy, Huntington’s—were cloned, the papers reporting these successes always ended with some statement that now the door was open to therapy. These prophecies proved to be wildly optimistic. Now, with the advent of CRISPR gene editing, it is becoming possible to realize the...
Read More »Blog Archives
Selected Difficulties In Reading Marx’s Capital
Infinite are the arguments of Marxists. This very selective survey needs references. A first difficult is that everybody knows Marx has something to do with the Soviet Union. Many come to reading Capital with certain preconceptions. A couple comments in the book, for analytical reasons, contrast capitalism and feudalism and a post-capitalist economy with common ownership. But the book is about capitalism. The book contains expressions of outrage, often ironical. But is capitalism...
Read More »The debate
The long term effect of the debate may be small, but the race is at best a tie, and I just don’t see how Biden can turn it around. I’m not saying he should drop out or that his candidacy is doomed. He still may be the Dems best bet. Maybe the outcry about his performance will blow over, the case against Trump will become clearer, and wandering Democrats will return to the fold. But Biden was not making much progress in the run up to the debate. ...
Read More »Trump’s Improvements to the Environment
After listening to trump about improving the environment, I decided to look it up. It is pretty easy to look up factual evidence. Well, here they are, the answer to another polished trump lie. This list of trump’s accomplishments comes from the NY Times. The date of this updated list is Jan. 20, 2021. It was not done recently to refute the trump candidacy in 2024. It is a report on what the trump administration he selected did during his first...
Read More »The return of disposable time: time filled with the presence of the now
Book proposal: Marx’s Fetters and the Realm of Freedom: a remedial reading — part 2.9 by Tom Walker Econospeak Framing the revolution as being about disposable time brings Marx closer to Walter Benjamin’s remark about revolution being “the act by which the human race traveling in the train applies the emergency brake.” Benjamin’s “On the concept of history” was composed in the wake of Benjamin’s despair at the Hitler-Stalin pact that sealed...
Read More »Party manifestos have little energy for our sky-high energy bills
Blog Party manifestos have little energy for our sky-high energy bills Bills are due to rise again this winter, but we found little on offer to fix this from the main political parties. By Alex Chapman 28 June 2024 As the election period reaches...
Read More »Great charts showing the drop in net government transfers.
A picture is worth 1000 words and that certainly true here. 
Read More »“lawsuits alleging that OxyContin sparked an opioid epidemic”
I have been writing on the Opioid epidemic for years. I was asked to write on it by some organizations. SCOTUS tossing the settlement may be due to the settlement releasing the Sacklers from any liability in promotion and the sale of Oxycontin, etc. Supreme Court tosses opioid settlement worth billions for states, victims, USA TODAY and also at MSN. Quick Note: For the settlement worth $billions, there was also a release of liability for the...
Read More »The picayune approach to statutory interpretation and the war on the regulatory state: the case of bump stocks
Imagine that Congress wants to address some social or economic problem by prohibiting certain undesirable acts. One approach Congress can take is to specifically describe the undesirable behavior and prohibit it. This approach sometimes works well – it is the basis of traditional criminal law – but it has two great disadvantages. First, in many fields – like drug regulation and pollution control – Congress lacks the expertise to identify which...
Read More »House prices – especially for existing homes – compared with wages remain near or at all-time highs, so existing homes make up less of the market
– by New Deal democrat One item I meant to address with this week’s existing and new home sales data was the relative difference in price in the two, and the effect on the relative share of the market. I am following up now because yesterday Kevin Drum put up a post yesterday in which he concluded that “The price of a new house is now below its pre-pandemic trendline and heading toward its 2020 level . . . When the Fed finally gets around to...
Read More »